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FXR - The Copper Barometer On Trade Continues To Work
First Trust Industrials AlphaDEX
Copper is the leader of the base metals sector that trades on the London Metals Exchange. The forward market in London is the most liquid exchange in the world for copper as well as for aluminum, lead, zinc, nickel, and tin. All of these metals are building blocks for infrastructure around the world. China is the world's most populous nation, so the prices of these metals tend to move higher and lower with the Chinese economy. The recent breakdown in trade negotiations between the US and China caused the price of copper and many of