Username: LuckyMan Rating: Asked to: Chaoxiang Lee Date Created: 23 Jan 2015 |
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Category | 17 |
Tag | Forex |
Question | What a trader should know about copper? |
Hello Lucky man, Copper is a base metal used largely for industrial purposes, but that doesn't change the fact that investors watch it closely for hints of the overall market sentiment. Because Copper is an industrial metal, investors use it as a way to gauge the health of the manufacturing and housing sectors of the world's economies. Investors also use Copper as a way to gauge trader sentiment. When copper is rising, some see that as investors having an appetite for risky assets, since Copper is known as a volatile commodity. When copper loses value, it may indicate that investors are selling risky assets and a market correction may be imminent. |
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