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Platinum

Weekly Commodities Wrap

Copper: Price Reverses After Hitting Fresh 3 Year Highs After a strong start to the week, printing further fresh 2017 highs, the red metal fell back over the latter part of the week as concerns around China fuelled profit taking. Driving…

Weekly Commodities Wrap

Copper: Alternative Demand to Offset China Weakness? After surging higher last week, Copper prices fell sharply lower this week as the US Federal Reserve raised rates for the second time this year. Citing strong economic growth and labour…

Weekly Commodities Wrap

Copper: Red Metal Suffers Worst Decline in 19 months Following a recovery last week, Copper prices plunged once again this week to mark three weeks of decline over the last four. The catalyst behind the decline was a mixture of weak China…

Weekly Commodities Wrap

Copper: Industry Executives Expecting Higher Prices Copper prices rose this week despite boosted by weakness in the US Dollar in response to a weaker-than-expected ISM non-manufacturing print. In a note released this week, BMI Research…

Weekly Commodities Wrap

Copper: Strikes End But Flood Damage Keeps Price Supported Copper prices rebounded this week following a decline last week on easing supply concerns. The resolution of strikes at Freeport’s Grasberg mine in Indonesia and BHP Billiton's…

Weekly Commodities Wrap

Copper:  Stronger USD Weighs on Copper After showing initial strength on the week, Copper prices retreated and turned lower as the release of the FOMC minutes gave further bullish signals. The minutes showed that many participants feel it…

Weekly Commodities Wrap

Copper:  Weak US Data Fuels Dollar Unwind Copper prices sustained a significant rebound this week benefiting from a weakened US Dollar on the back of poor data. US Consumer Confidence released on Tuesday was weaker than expected at 98.6…

Weekly Commodities Wrap

Copper:  Weak China Industrial Data Weighs Copper prices continued to sell-off this week weighed upon by a stronger US Dollar in response to the strengthening of Clinton’s lead in the election polls following another win in the final…

Weekly Commodities Wrap

Iron Ore: Supported by position squaring Iron ore prices received a boost this week to reverse recent weakness. Traders have been covering short positions ahead of public holidays in China next week leading to a rally in the commodity.…

Weekly Commodities Wrap

Copper: China Demand Fuels Rally Despite some initial softness on the week as investors scaled back ahead of the US interest rate decision, copper has now surged higher to print new highs on the week.  The market’s reaction to the Fed…