[1]Copper prices are now down almost 6% from the top 2 days ago on China's RRR cut. As 266.40, this is the lowest price for the perhaps-economically-sensitive commodity in over a month. Not exactly the picture of 'stimulus' the PBOC was hoping for...
5 week lows for copper...
[3]
Close up, not pretty...
[4]
Charts: bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11312
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/04-overflow/20150422_copper.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/04-overflow/20150422_copper1.jpg
