Global barometer copper could slide: Hansen

Copper the old gauge for global growth and demand is down on the year and now sits just above multi-year support. Saxo Bank head of commodity strategy Ole Hansen thinks that copper is a potential candidate for further weakness. Slowing Chinese imports rising inventories and increased production are among the warning signs of continued weakness in copper.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/global-barometer-copper-could-slide-hansen-8020368?utm_medium=tf4-feed&utm_source=extract