Home / Metal News / Copper / LME Daily Metals Report
LME Daily Metals Report
Aug 9,2011 09:51CST
industry news
Source:SMM
What a week we just had. The odds are that the upcoming one will be just as dizzying given the momentous headlines crossing the screens,

Aug. 9 (MF Global) -- This market comment was written at 7:55 a.m. on August 8th, US east coast time...

What a week we just had. The odds are that the upcoming one will be just as dizzying given the momentous headlines crossing the screens, likely leading to heightened volatility and intense selling, at least in some markets. These kinds of conditions are ideal for day-traders who thrive on big intra-day price swings, but most investors will be watching things from the sidelines as they wait for the dust to settle. If anything, the recent action reminds us very much of the conditions apparent during the 2008-2009 financial crisis, with the key difference being that this time around, it is sovereign countries-- and not the banks-- that are under the spotlight.
 

metals
daily

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news