Improving Short-Term Picture

Although the medium-term outlook is weak, we are currently short-term neutral industrial commodities such as oil and base metals. Moreover, there are signs that the modest rally that occurred over the low-volume, late-December trading period could continue into mid- January. Should markets such as copper break key levels of resistance in the coming days, this could give the recent rally fresh impetus.

To read the full article, please choose one of the following options: