Interesting Correlations

Performing a simple correlation study on various indices and the group of LME Base Metals, I have noticed a particularly interesting relation between European stocks, (English FTSE (.FTSE), French CAC 40 (.FCHI), Eurostoxx 50 (.STOXX50E) , Italian Index (.FTMIB), Swiss Market Index (.SSMI))  marked in red, and the Base Metals group. Interestingly the European indices had … Continue reading

Outlook into 2016 and beyond: Nickel, Copper, Aluminium, Zinc, Lead

No wonder that that past 4 years from the 2011 highs in most of base metals, have been among toughest years seen in a while. The only good news is that probably now, near term future might look brighter. Most of the metals have been going through a correction that has exhausted not only prices, … Continue reading