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Copper: Pulls Back from Major Moving Average
Copper initially tried to rally a bit during the trading session here on Wednesday, but it did give back some of the gains. Now it's interesting to see how this has played out because copper is a very important market for people to watch as far as risk appetite and global growth is concerned. We have this massive gap from the end of July where Trump had come out and said that he was putting tariffs on finished copper products and that caused chaos and in fact we had copper shut down a couple of times during that session. I remember that very well.We have since gone sideways and then started to rally with a little bit ... (full story)