Telling stories of copper, crude oil, metals and global demand ...

There aren't a whole lot of positive global macro data points. Those that do exist may have been priced into the markets. From there, attention must turn to the Fed and central banks. But even there, much of the optimistic expectations has probably been priced in.

I'm maintaining an overall bearish bias on the commodities markets. But as they say: you can't fight the tape. Any downside that may materialize here may only be a buying opportunity in a budding risk appetite trend. Here are some stories to help sift through commodity price action...

Commodities Essential. 22 August 2012

Trade Essentials.

No new recommendations or adjustments at this time.