NEWS: Copper isn’t sure which way it wants to go June 09, 2021 at 08:27PM

NEWS: Copper isn’t sure which way it wants to go June 09, 2021 at 08:27PM

The commodity market
Copper is slightly lower today but in the bigger picture it frames the broad commodity rally nicely. There was a big run up into early May but it’s cooled now and looks technically vulnerable.

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Search Web: Copper isn’t sure which way it wants to go

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FL NEWS

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The Japanese Yen (JPY) attracts some dip-buying at the start of a new week and remains close to its highest level since November 14, touched against a weaker US Dollar (USD) on Friday.

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China's Trade Balance for November, in Chinese Yuan (CNY) terms, arrived at CNY792.57 billion, widening from the previous figure of CNY640.40 billion.

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China Trade Balance USD came in at $111.68B, above expectations ($100.2B) in November

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China Trade Balance CNY rose from previous 640.4B to 792.57B in November

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China Exports (YoY) CNY: 5.7% (November) vs -0.8%

China Exports (YoY) came in at 5.7%, above forecasts (3.8%) in November 8 December 2025

China Exports (YoY) came in at 5.7%, above forecasts (3.8%) in November

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West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on a three-week-old uptrend and oscillate in a narrow band during the Asian session on Monday.

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Japan Trade Balance - BOP Basis dipped from previous ¥4347.6B to ¥2833.5B in October 7 December 2025

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Japan Gross Domestic Product Deflator (YoY) came in at 3.4%, above forecasts (2.8%) in 3Q 7 December 2025

Japan Gross Domestic Product Deflator (YoY) came in at 3.4%, above forecasts (2.8%) in 3Q

Japan Bank Lending (YoY) registered at 4.2% above expectations (4%) in November 7 December 2025

Japan Bank Lending (YoY) registered at 4.2% above expectations (4%) in November

Breaking News

The commodity market Copper is slightly lower today but in the bigger picture it frames the broad commodity rally nicely. There was a big run up into early May but it’s cooled now and looks technically vulnerable.

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The commodity market
Copper is slightly lower today but in the bigger picture it frames the broad commodity rally nicely. There was a big run up into early May but it’s cooled now and looks technically vulnerable.