Short-term "barcharts futures" levels indicate copper futures up 0.5%, correlating with manufacturing PMI improvements. Industrial sector ETFs may be positioned for incoming inflows. “Grain and oilseed prices are so depressed, and the price action so bearish, that any news about a breakthrough for Chinese purchases of U.S. beans could lift the futures market. While prices could fall further due to disappointment, the current levels suggest that there is more upside potential than downside on a percentage basis.” This offer is provided by Barchart, which is solely responsible for the fulfillment of the offer once a new Plus500US account has been funded with at least $100 and at least one trading position has been opened. Fresh "barcharts futures" metrics highlight wheat futures sliding 0.8% as global supply conditions improve. Agricultural equity indexes might underperform short-term unless export demand spikes unexpectedly.
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