DayTrading After-Market Lounge 9th March, page-2

thanks @shantaram

HC

".....London copper was steady on Wednesday after prices fell the most in a day since November in the previous session when grim China February trade data renewed fears over economic growth in the world's top consumer of metals.

"The market has been short, we've had a recovery. Copper has been trying to break to the upside and now it's consolidating its gains," said chief investment officer Jonathan Barratt of Ayers Alliance in Sydney.

If commodity prices can maintain gains after a 30 percent rally in raw materials costs like iron ore, it's a positive sign the global economy is strengthening, he said.

"The key will be the follow up data this weekend." The first reading for China's industrial output this year is due at the weekend. Output is expected to increase by 5.6 percent for January and February, down from a 5.9 percent expansion in December..."