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Playlist: GLEN:xlon

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1:51
Copper is a short-term sell: Garnry
Peter Garnry
12 August 2016 at 7:31 GMT
1:05
Mining share Glencore trade view: Neighbour
Joe Neighbour
21 July 2016 at 7:05 GMT
4:06
Garnry: Why a risky long in Glencore could eventually strike gold
Peter Garnry
30 September 2015 at 10:18 GMT
1:31
Fasdal: Are markets heading for the perfect storm?
Simon Fasdal
29 September 2015 at 9:32 GMT
1:48
Hardy: How I'm trading this risk-off sentiment
John J Hardy
29 September 2015 at 9:10 GMT
2:59
Hansen: Volkswagen scandal drives down industrial metals
Ole Hansen
23 September 2015 at 10:04 GMT
3:33
Garnry: Volatility is nothing to be afraid of and here's why
Peter Garnry
03 September 2015 at 10:06 GMT
1:14
Buy mining shares
Lea Jakobiak
15 August 2013 at 7:44 GMT
Video / 17 November 2015 at 13:17 GMT

Hansen: Can you extract a solid return from copper's meltdown?

Ole Hansen
The price of copper hit a six-year low this week. Saxo's Ole Hansen discusses why China, the world's largest consumer of copper, is partly to blame. As demand falls, it's estimated that copper shipments to China will shrink a further 10% in 2016. 

But Hansen explains that the strong dollar is also impacting commodities like copper. That's likely to increase if the US Federal Reserve hikes rates in December and if the European Central Bank extends its quantitative easing programme.

Although there are signs that copper supply is being reduced by the likes of Glencore, Ole says more needs to be done if the industrial metal is to recover any time soon. But he also acknowledges that the current low price will begin to attract investment interest.

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