Posted by lewiscook on 25th of May 2023 at 12:11 pm
Steve, thanks. I just used that comment as my conduit to
the chat. I wasn't really a response to your entry, but for
clarity, a free standing question. Some things have me
confused: copper, crude, materials........
Yes DBB is near Oct/November Lows - demand clearly is weak for
base metals. All the items you mentioned below are reflecting
weakening demand as trader's surmise the lagging impacts from CB's
actions
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Steve, thanks. I just used
Very poor breadth today
Posted by lewiscook on 25th of May 2023 at 12:11 pm
Steve, thanks. I just used that comment as my conduit to the chat. I wasn't really a response to your entry, but for clarity, a free standing question. Some things have me confused: copper, crude, materials........
Yes DBB is near Oct/November
Posted by steve on 25th of May 2023 at 12:13 pm
Yes DBB is near Oct/November Lows - demand clearly is weak for base metals. All the items you mentioned below are reflecting weakening demand as trader's surmise the lagging impacts from CB's actions