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MF Global Daily Report: Base Metals (Sept. 30, 2011)
Sep 30,2011 09:27CST
industry news
Source:SMM
The markets continued to gyrate wildly yesterday, but most of the action was on the downside.

Sept. 30 (MF Global) -- This market comment was written at 6:50 a.m. on September 29th, US east coast time...

Abbreviated Commentary: The markets continued to gyrate wildly yesterday, but this time around, most of the action was on the downside, as investors sensed that they had bid things up things too fast and too quickly, and were now toning down the week's earlier euphoria. In addition to the sharp declines seen in energy, which practically wiped out most of Tuesday's gains, there was also significant weakness in base metals, gold, and US equities. Copper gave up most of Tuesday’s strong advance and opened much weaker heading into the Asian session today, getting to a low of $6820 before recovering somewhat as of this writing.
 

base metals

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