# Commodities outlook: China, copper and the future for gold

> Commodities were mixed in the week, with metals and oil weakening after Chinese official manufacturing PMI missed expectations. Concerns about the phase one trade deal resurfaced, and a strike at Chile's Escondida copper mine reduced output.

- Date: 2019-11-01 · published 2019-11-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/55966-commodities-outlook-china-copper-and-the-future-for-gold
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Doubts about the US-China deal and weaker Chinese factory data reduce demand expectations for industrial commodities. Copper supply disruption is a separate, supportive factor that does not directly affect feed.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- ii.co.uk: https://www.ii.co.uk/analysis-commentary/commodities-outlook-china-copper-and-future-gold-ii509611

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.