Jun 25, 2022 06:59 AM (GMT+8) · EqualOcean
The copper oil ratio is around 80, which last appeared on October 17, 2014. Historically, whenever the copper oil ratio dropped to a certain extent, it would put a "tight hoop" on the economy like the "upside down curve of US bond yield" indicator. Analysts believe that the overall trend of copper oil ratio is in line with the Fed's monetary policy cycle. At present, this indicator may play a leading role in the downward trend of global bulk commodities.