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Copper: The relief rally is running on fumes – TDS

Copper's stimulus-relief rally is overdone, in the opinion of Daniel Ghali, Senior Commodity Strategist at TD Securities.

The set-up is ripe for consolidation in Copper markets

Chinese stimulus hopes have bolstered demand signals in recent days, but we now see risks of a resumed slump with demand expectations no longer consistent with recent history. Participants could be in for an unpleasant surprise as officials refrain from stoking leverage.

Without a game-changing stimulus package announcement, the set-up is ripe for consolidation in Copper markets.

ECB opens the door to a rate hike in July – UOB

Economist at UOB Group Lee Sue Ann reviews the latest ECB monetary policy meeting (June 15). Key Takeaways The European Central Bank (ECB) decided to
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USD Index Price Analysis: Extra advance focuses on 103.00

DXY manages well to reverse the initial pessimism and regain the smile in the vicinitry of the 102.70 region on Tuesday. Immediately to the upside, th
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