MBCC Trading Highlights 7th September'22 - Cross Asset discrepancies.

Trading & Investment Themes

1) Copper reversed after touching its 50 day moving average - why and where does it go from here?

Copper is torn between the macro story (headwind given its Doctor Copper status vulnerable to economic cycles) and its micro story (long term demand on EV and supply deficit) - which one wins here?

All this discussed in today’s note along with how to be positioned in Gold, Silver, and Oil. What is the discrepancy being signalled in Equity, Bonds and volatility markets?