Where things get interesting and where COT data is of most use is at extreme points such as when there is extreme dumb money interest at multi week highs. Successful trader Larry Williams reveals industry secrets that help investors and traders successfully invest and trade side-by-side with the largest commercial interests in the world. Bank of England Governor Andrew Bailey was scheduled to speak on Wednesday. However, judging by the nature of the pair’s movement during the day, he did […]

Trend followers and pattern traders would look for long entry around current levels, targeting a retest of the high at 1075. Should the copper price instead move to close below the reversal low at 9795, the bullish short-term assumptions would be deemed to have failed. Yes, your eligible deposits with CMC Markets are protected up to a total of 85,000 by the Financial Services Compensations Scheme , the UK’s deposit guarantee scheme.

However, the PBOC is quick to reassure markets that any […]

The estimates look conservative considering the current commodity price environment. MEPS is a world leading independent supplier of valuable steel market data and information. We offer businesses, big and small, unique and competitive insight into steel prices, production and consumption. We provide our customers with the most complete steel market analysis in the world. “You can’t move to a green economic environment and not have the copper price moving significantly higher,&rdquo […]

Also, there are a number of other factors impacting price movements. Lead isn’t exactly widely used in everyday household items anymore, but you may still find it in old car parts, pipes and toys in the garage or loft. A great example of supply and demand, lead prices generally rise and fall quite dramatically and – as you’ll see in the graph below – the current trend is a downward one. Firstly, refinery margins remain weak, and if demand was as strong as prices suggest, one would e […]