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Hot Topic: Copper
Copper has developed something of a reputation for acting as a good barometer for the health of the global economy. Its extensive use in consumer goods and manufacturing mean that any concerns about a slowdown in the underlying economy leaves businesses buying less and the price falling. Some market commentators even give the asset the nickname Dr Copper, as it’s so good at understanding economics, it has been awarded a PhD, but is the popular metal close to seeing its reliability as an accurate gauge of sentiment set to change? Demand drivers for copper are on the cusp of some fundamental changes, so we take a look ... (full story)