Save the scotch - you will need it very soon when we celebrate the final days of CUU's resource central minerals district :) cheers Topaz
Copper, Crude Oil & PMs Aim to Correct Higher
By Ilya Spivak | June 22, 2012
Commodities are on the upswing on European trade as profit-taking gently lifts risk assets following yesterday’s aggressive selloff, overshadowing headwinds from a disappointing German IFO reading.
Looking ahead, S&P 500 stock index futures are on the upswing, hinting more of the same is ahead. Crude oil and copper prices are poised to follow shares higher while gold and silver find de-facto support as a recovery in sentiment saps haven demand for the US Dollar. The Dallas Fed’s manufacturing survey headlines the calendar in US hours, with expectations calling for a flat reading in June after the gauge posted its largest decline since September 2011 in the prior month. May’s new home sales report and the Chicago Fed’s National Activity Index are also due to cross the wires
http://www.resourceinvestor.com/2012/06/22/copper-crude-oil-pms-aim-to-correct-higher?eNL=4fe4cc65140ba0792b00002f&utm_source=DailyENL&utm_medium=eNL&utm_campaign=RI_eNL&_LID=105454361