JJC News and Press, iPathA Series B Bloomberg Copper Subindex Total Return ETN From 09/20/22

Summary As the ”invoicing” currency of the world, when the U.S. dollar appreciates, other currencies essentially depreciate. Rising commodity prices can be a boon for emerging economies – including oil exporters Brazil, Mexico and Russia – that rely on ...

Summary The cost of holding copper inventories is rising. Higher rates will push the dollar index higher. A bullish trend in the dollar index is typically bearish for copper. The Fed is overreacting to inflation at a time when recessionary pressures are rising. Copper dema...

Summary At the start of this year, Rio Tinto plc and the Mongolian Government announced they had reached an historic agreement with copper and metal manufacturing. Last week, Rio Tinto agreed to buy out Turquoise Hill Resources Ltd., a shareholder with an estimated 66% of the Oyu ...

Summary After powering to new highs in the Spring, metal prices continue to slide. Iron ore, aluminum, and copper have all fallen to varying degrees, and those merely represent the largest volumes. Prices surged earlier this year based on several predictions. The first was that ra...

Summary Physical commodity markets remain very finely balanced. Part of the reason for high inflation is commodity prices have been strong. There are signs from OPEC that they would be willing to adjust their production to accommodate Iranian barrels back onto the market. ...

Summary Since Powell shocked the world with an unexpectedly hawkish speech last week, the market has been struggling to guess just how much worse a tighter Fed is going to be for the economy. As a first pass, the market has decided that it looks a bit scary: most risk assets are d...

Summary Increased demand for copper typically indicates a growing economy, just as a drop in copper demand can suggest an economic slowdown. Copper had a bullish run the last few years during the pandemic. Given current inflationary fears, the rising interest rate environment ...

COPX provides investors access to a basket of companies involved in the mining of copper. Analysis of the ETF's price action shows close correlation with copper's price. There are short-term uncertainties which make it difficult to be bullish or bearish. On the other hand, the...

Analysts have been bullish about a supply squeeze for months because sky-high natural gas prices forced record electricity costs across Europe. After all the volatility these last twelve months, the markets are now laser-focused on the traditional driver of global metals demand and pr...

Copper prices climbed on Thursday for the first time in a week as hopes for improved demand from China overcame fears of slowing economic growth. While interest rates in the U.S. and Europe are likely to continue rising, the central bank in China - the world's biggest consumer o...