Copper is leading the move – BBH

Research Team at BBH, notes that the Copper is leading the move, and a clean break of the 208 area would set up a test of the January low near 193.55.

Key Quotes

“Supply remains an issued, with both Chile and Peru slated to bring several mines on line over the next few years. Copper’s plunge has had a wide-reaching impact. For instance, the Congo (Africa’s largest copper exporter) recently asked the World Bank for budgetary support to make up for the drop in copper revenues.”