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A trader who put a huge bet on copper has been selling down - and it could shed light on what's happening in global markets

7 monthes ago   |   By Business Insider

Reuters
Copper prices have been hosed over the past month, falling to the lowest level since July last year .
A major investor who built up a massive long position in Chinese copper futures unwound much of their bullish bets last week, likely contributing to the sharp selloff.
Macquarie Bank says this is a "constructive development for copper" markets in China.
If you want to know how the global economy is faring, many people often turn to the copper price for clues.
As a major industrial metal, it's seen in some circles as a barometer of economic health. A higher price suggests industrial...
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