News By Tag Industry News Country(s) Industry News
| ![]() QAS Alerts Clients - US 30 Year Yield Peaking; Copper BottomingUS 30 Year Yield – Early Signs of Peaking - For the first time since 2012, the US 30 Year Yield shows early signs of peaking. - The profile is similar to other important yield lows: March 2012, January 1999, March 1996, and November 1993. - We expect several months of volatile action around current levels before a more sustainable move to higher yield is possible. Longer-term risk 3.5% (now 2.5%). Copper – Important Signs of Bottoming - The profile is similar to that of May 2014, August 2013, and Aug 2012 when copper entered a six month consolidation. - This is a fragile, but significant improvement. It is still possible for copper to test its recent lows. Expected range 250 – 285 (now 278). Brent Crude Oil – Follow-up: - In our February 9 QAS Alert we highlighted initial signs of bottoming. Expected range: 64 - 45. - Since that time Oil has remained within our expected range. - The improvement remains fragile and similar to that of January – March 2009 when oil began to bottom. - Energy stocks, in general, show a similar fragile improvement. For more information please contact us at 201-432-7900 or visit us on the web at www.qas-service.com End
|
|