A trader who put a huge bet on copper has been selling down — and it could shed light on what's happening in global markets
Business Insider -


Copper prices have been hosed over the past month, falling to the lowest level since July last year.

A major investor who built up a massive long position in Chinese copper futures unwound much of their bullish bets last week, likely contributing to the sharp selloff.

Macquarie Bank says this is a "constructive development for copper" markets in China.

If you want to know how the global economy is faring, many people often turn to the copper price for clues.

As a major industrial...


Related Articles