Technical Data: Basic Knowledge Series on Copper ~Vol. 11~
What is the impact of the coronavirus shock? Pay attention to the movement of "copper prices," a leading indicator of the global economy!
In January 2020, the coronavirus that was confirmed in domestic cases has not shown any signs of subsiding worldwide as of May 2020, several months later, and is causing serious damage to the economy. In such an uncertain era, one economic indicator that deserves attention is the "copper price." In this article, we will explain in detail how fluctuations in copper prices can help predict the future of the global economy, as well as how copper prices have changed due to the coronavirus. [Contents] ■ Introduction ■ Reasons why copper is called the "canary in the coal mine" ■ Anomalies before the Lehman Shock! The relationship between copper prices and the global economy ■ How has the copper price reacted to the coronavirus shock? ■ Conclusion *For more details, please refer to the PDF document or feel free to contact us.
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