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Zinc

Weekly Commodities Wrap

Copper: Copper Hits Highest Level Since 2014 The red metal continued its expansion higher this week, surging to fresh four-year highs with gains on the year now more than 19%. As global growth continues to strengthen, demand for the…

Weekly Commodities Wrap

Copper:  Better China Data & Weak Dollar Keep Copper Supported The red metal surged to fresh five months highs this week as a number of factors fuelled demand for the commodity. The US Dollar weakened yet again this week as fresh…

Weekly Commodities Wrap

Copper: Weaker US Dollar & Mining Strikes Keep Red Metal Supported The red metal climbed higher over the week boosted by weakness in the US Dollar but also by other fundamental factors. Adding further support for the industrial metal…

Weekly Commodities Wrap

Copper: Rally Reverses As Dollar Rebounds The red metal drifted lower this week linked mainly to a recovery in the US Dollar, which made a small recovery after suffering weeks of declines, though also due to supply environment issues.…

Weekly Commodities Wrap

Copper: Weak Manufacturing Data Weighs on Red Metal Copper prices were initially soft again this week as markets fluctuated ahead of two major risk events: the ECB June meeting and the UK elections. Following the China credit downgrade by…

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: Red Metal Rebounds Follow Two Week Sell-Off After two consecutive weeks of declines, the red metal managed to recoup some its losses this week.  The main driver behind the recovery was reports of reductions in production output. On…

Weekly Commodities Wrap

Copper: Rising Geopolitical Tensions Sink Copper Copper prices plunged to their lowest levels since January this week as risk markets were rocked by an escalation in global political tensions.  Reports that President Trump has sent an…

Weekly Commodities Wrap

Copper: Rising US Rate Hike Expectations Weigh On Copper Copper prices were weighed down this week by an uptick in Fed rate hike expectations. Following a raft of Hawkish commentary by various Fed members last week, who all agree that a…

Weekly Commodities Wrap

Copper Prices: Better China Data Supports, Stronger USD Weighs Copper prices were initially stronger on the week benefiting from better Chinese data. The China Manufacturing PMI for February came in at 51.6 vs. 51.2 expected while the…