In addition, SW metals research group also pointed out that the industry chain is the root cause oversupply of copper prices. In particular, concentrate adequate supply of Chinese smelting capacity continues to grow.
Following the oil, iron ore, copper prices fell after this crash, the market once again filled with pessimism.
After copper prices plunged, professional investors, then the author said Huang, copper and iron ore prices, "avalanche" could advance reflects the Chinese real estate market slump coming, so the next real estate market prices may also declined.
....Current market concern is that in this round of commodity prices falling like dominoes, the next crash will drop breed who is?
Macro Afternoon
-
Everything but local stocks had very solid sessions across Asia today on
the back of renewed optimism across Wall Street overnight as some softer
PMI num...
No comments:
Post a Comment