Copper — traditionally seen as a leading indicator of economic health because of its use in many sectors — has unsurprisingly had a rough year. Yet analysts expect a resurgence in 2023.
"Taking this a step further … China's grid spending has offset weakness in the wider economy: indeed, building out the electricity infrastructure has completely offset weakness in the housing market," Widmer said, adding that the key question going forward was whether this is a one-off or the beginnings of a structural trend.
"In our view, this confirms to some extent that green spending has already supported global copper demand and physical markets," Widmer said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trim Pickings: 2023 Nissan Rogue vs. 2023 Toyota RAV4The base models of the Nissan Rogue S and Toyota RAV4 LE are priced within $255 of each other, making for very close competition. Both of these models are well equipped with feature highlights that include LED headlights, tinted rear windows, cloth upholstery, satellite radio, and Apple CarPlay and Android Auto compatibility. On the safety front, both SUVs include a forward collision warning with automatic emergency braking system and automatic high-beam headlights.
Read more »
BTC price shakes off Binance 'FUD' as analysts eye Q1 2023 Bitcoin bottomBitcoin could see a bottom after a Fed pivot, warn BTC price analysts ahead of CPI.
Read more »
Another Major Psychedelic Conference Is Coming to DenverPsychedelic Science is the second major psychedelic conference to announce an event in Denver next year.
Read more »
Crunchyroll Anime Awards 2023 Offers Rundown of This Year's CategoriesCrunchyroll announced the categories for the seventh annual 2023 CrunchyrollAnimeAwards, which will be held for the first time in Tokyo on Saturday, March 4, 2023, and streaming live around the world. / anime
Read more »
2023 Preview: 7 Trucks we're looking to pick up next yearThere\u0027s a lot of new rigs set to debut in 2023, with the list ranging from entry\u002Dlevel workhorses\u003B to powerhouse EVs
Read more »
Tom Brady leaving ‘all options on the table’ for 2023 free agencyTom Brady leaving 'all options on the table' for 2023 free agency
Read more »