Sun, Nov 28, 2021
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Market Moves, Metals and Minerals, People more

Base metals and the Trump effect

Posted on 18 November 2016

We have been asked a lot in the past day or so about the impact on the base metals of Donald Trump’s surprise victory in the US presidential election. There is interest in the short term Trump-effect in light of the strength in base metal prices.
And there is interest in the longer term effect of ‘Trumponomics’ on the market fundamentals. Before the election, the base metals were already on a tear from LME Week in London last week, where quite a bullish consensus formed, especially for copper. So there was momentum from that, and from technical break-outs on the many of the charts……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
November 2021
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
282930