Metals Markets Monitor

25 May, 2018

Investors become less positive on metals

Investor sentiment in the metals markets has deteriorated since the start of 2018, although more so for precious metals than industrial. Some of the technical indicators that we monitor have recently turned bearish and, in most cases, stocks are building. Overall, we think that metals prices will fall over the coming months as Fed tightening and slower growth in China depress demand and sentiment.

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