50 Quotes by Barclays Capital

While strikes in Chile rarely tend to last for very long, any disruption to production or shipments will lend support to copper prices given the strong demand environment and lack of spare material.

Under the microscope it is clear that an important watershed is approaching. The short-term downtrend is about to come into conflict with the medium-term uptrend. Typically we would side with the longer-term move but the length of the downtrend from the high is a major cautionary note.

The recent move above $1,000 is mostly driven by speculative buying.

Uncertainty over the eventual resolution of this conflict would help discourage aggressive selling interest.

Don't miss the boat, again. Supply and demand fundamentals remain constructive for the price up-trends to persist.

Crude oil was the one thing not in short supply. What the U.S. lacks is oil products, especially gasoline, and it lacks the spare capacity to refine more crude.

Some (traders) are suffering risk-fatigue and are not inclined to respond to anything much beyond the grind of the weekly U.S. numbers and have little interest in the geopolitical context or the global context of the data.

Sooner or later the seriousness of the situation for U.S. product supply will begin to show in the weekly U.S. data releases, though it may still be too early for that today.

Range-bound trade looks likely to continue for some time, though we see potential for prices to break on the upside after this consolidation phase.