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Weak US Dollar may lead Copper, Yields and EEM higher

US DollarUSD is below its 200 Day Moving Average which signifies long term trend. It has broken below major support zone at 98 and moving downwards.Weakness in US dollar is positive for Copper and Emerging Markets. CopperWeak US Dollar strengthens copper which is priced in US dollar. Largest Copper Miner Freeport McMoran (FCX) which is … Continue reading Weak US Dollar may lead Copper, Yields and EEM higher

Copper Indications

CRB Commodity index has formed a base and is on the verge of a breakout. Base/Industrial Metals constitute 13% of the CRB Index. Copper is an important industrial metal. Rise in demand for copper is a sign of economic growth. Copper and Base Metal ETFs have given positive returns since April 2020. Copper/Gold The Copper … Continue reading Copper Indications

Inter-market Perspective on Yields, Bonds, Gold, Stocks

May 7, 2020 The current situation has caused damage to the economy all over the world. The FED stepped in with unprecedented quantitative easing. Historically, QE by the FED has led to higher yields and lower bond prices. We look at various inter-market relationships to find clues about the possible direction of market. Bonds  Bonds … Continue reading Inter-market Perspective on Yields, Bonds, Gold, Stocks


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