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Investors neutral on copper; emerging market currency weakness hits metals - Deutsche Bank

Posted on 03 September 2013

Investor positioning in copper has returned to neutral, signalling the end of a short-covering rally, analysts at Deutsche Bank said in a note on Monday September 2.
“We think better-than-expected data out of China may be the next catalyst, but our preference remains for metals where over-capacity is less of an issue, hence our preference for copper and zinc, over nickel and aluminium,” they said. ……………………………………….Full Article: Source


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