Overnight we saw some significant moves across financial markets from bond yields dipping sharply to copper, gold and silver rallying strongly. The most closely watched industrial metal copper is often used as a read through on the strength of the global economy and at the moment all looks good and our preferred scenario is we now see fresh post COVID highs in the coming months – a solid read through for the Resources Sector.
Copper looks set to test $US450/lb short-term
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