-
Copper smashes to new all-time high as iron ore threatens major breakout – here's what the charts say
Hardly a chink in the armour of the V-shaped rally from 21898. Down on the day – but we know the white body of the candle suggests at least some demand-side participation during the session. The close of 23276 is above both the session’s and 2-day’s midpoint of 23237-8. Still, there’s a whiff of an upward pointing shadow… Who had control of the Comp's price action on Monday? Let’s just go with "about even-Stevens"! What’s more relevant is: The rally from 21898 is pretty decent – so if last night is the extent of the supply-side’s ability to impact price (given there was a bit of “bad news” ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From bankofengland.co.uk|Dec 2, 2025Risks to financial stability have increased during 2025. Global risks remain elevated and material uncertainty in the global macroeconomic outlook persists. Key sources of risk ...
From brecorder.com|Dec 2, 2025|8 commentsHowever Donald Trump’s latest push to end the war in Ukraine pans out, Europe fears the prospect of a deal – sooner or later – that will not punish or weaken Russia as its leaders ...
From bnnbloomberg.ca|Dec 1, 2025Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers. The company, based in Sault ...
-
- Newer Stories
From ec.europa.eu|Dec 2, 2025Euro area annual inflation is expected to be 2.2% in November 2025, up from 2.1% in October according to a flash estimate from Eurostat, the statistical office of the European ...
From @financialjuice|Dec 2, 2025BoE Breeden: Resilience of gilt repo market is fundamental for bond market.
From @FirstSquawk|Dec 2, 2025|3 commentsBOE'S BAILEY SAYS DON'T KEEP HIGHER LEVELS OF CAPITAL THAN NEEDED BOE'S BAILEY SAYS GILT MARKET IS NOT UNUSUAL AMONG BOND MARKETS IN SEEING CHANGE IN STRUCTURE AND TRADING BANK OF ENGLAND'S BAILEY SAYS ASKED ON OBR LEAK, SAYS WE LOOKED VERY CLOSELY AT REPORT, BOE USES DIFFERENT RELEASE PROCEDURES BANK OF ENGLAND'S BAILEY SAYS WE DID NOT OVERDO THINGS ON BANK REGULATION AFTER GLOBAL FINANCIAL CRISIS, BUT WE LEARN FROM EXPERIENCE BANK OF ENGLAND'S BAILEY SAYS NOT FOR US TO COMMENT ON RELATION BETWEEN TREASURY AND OBR
- Story Stats
- Dec 2, 2025 2:30am Posted byTechnical Analysis145
- Instrument:
