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Shanghai copper futures slid on Friday March 22 as the US dollar rebounded from a dovish-Fed dip. Weak fundamental indicators for copper added pressure, with the dollar index back near 96.
A firmer dollar and weak growth signals reduce commodity demand expectations, though the effect on feed grain prices is limited.
fastmarkets.comHuaqing FuMar 22, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
