17 December 2024: Data on LME COTR speculative positions (for the week ending 13 December) were released this afternoon. The data showed that net positions changed little, as markets approach year-end. However, there was a bearish bias, with cuts for four out of six base metals, consistent with our own algo models, which are turning […]
December 17, 2024 - Dan Smith
24 September 2024: The LME base metals complex saw mixed price trends in the past year, with aluminium, copper and zinc all up, while tin prices soared. The OECD countries saw sharp falls in inflation and US interest rates were cut, helping to boost financial markets and commodities more generally. Speculative positions have increased for […]
September 26, 2024 - Dan Smith