VIDEO: Don’t ignore Doctor Copper

In recent months,a disconnect has become apparent between copper prices and the DAX, Germany’s stock index, so is it time to look to other avenues to predict macroeconomic trends?

{BrightcoveVideo}


In recent months,a disconnect has become apparent between copper prices and the DAX, Germany’s stock index, so is it time to look to other avenues to predict macroeconomic trends?

Metal Bulletin’s Alex Harrison asks BCA Research’s chief European strategist Dhaval Joshi about why analysts have started to question the use of Dr Copper as an indicator of the state of the global economy, why analysts should ignore it at their peril, and what trades Joshi recommends as a result of the divergence.

To read more on this topic, please see BCA Research’s blog: http://blog.bcaresearch.com/dont-ignore-doctor-copper

Alex Harrison
aharrison@metalbulletin.com
Twitter: @alexharrison_mb

What to read next
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed