Copper price leans bullish on China stimulus, firmer risk appetite
Copper price consolidates the biggest daily loss in over a week, grinds higher around monthly
Copper bears keep reins at 1.5-year low as recession fears supersede China-inspired positivity
Copper Price remains pressured around multi-month low despite market’s cautious optimism. Fears of economic slowdown,
Copper eyes to snap six-week downtrend on China-linked demand
Copper braces for first weekly gain in seven on LME, eyes to snap four-week downtrend
Copper could retest highs seen back in early March before moderating later this year – ING
Copper prices have held up relatively well during the first three months of the year.
Copper to climb towards $12160 on a break above the $10740/10850 area – SocGen
Copper is now heading towards previous peak of $10740/10850. A move beyond this area would
Copper to tank towards $7,500 by mid-2022 as supply surges – SocGen
For copper, Société Générale strategists’ base case suggests a bearish outlook, pushing prices down to
USD/CLP to push higher towards 875/900 – ING
Chile’s peso has suffered. Despite likely aggressive hikes from the local central bank, economists at
Copper to simmer a move higher towards the psychological $11000 level – Credit Suisse
Copper (LME) is again losing momentum but remains above the crucial 200-day moving average (DMA)
Energy crisis and inflation fears to propel base metals – ING
Zinc (LME) surged to more than $3,700/t on Friday while aluminium remains comfortably above $3,100/t.
USD/CLP to inch higher towards 775.00 by end-September – MUFG
In August the Chilean peso weakened from 760.81 to 771.80 against the US dollar. CLP