Domum,
Can't find anything really specific...but down they going..
They all severely under pressure from Gold to Copper to Zinc to Nickel...it seems they all opened weaker and and just being sold off at once. Sometimes this does happen, that once one of the base metals goes down or up hard it does sometimes take all of them with it...be that up or down
I feel that base metals lost a tiny bit of ground v.late last week, and this might have encouraged the CTA's to go short "right out of the gate" monday morning and see how far they could push it...and right now you would have to say if they were trying to get a reaction they really have done well.
This is against the trend...as when NY has a good rise the base metals mostly tend to rise the next morning in London...not so today in fact the complete opposite.
The USD is bouncing as I type and this might have started or helped the fall thou it is a bit hard to tell which come first....but gold was falling from v.early this morning our time from a good rise Friday nite.
Cheers
Muzz
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