COPPER PRICE TO TUMBLE TOWARDS $6,295 ON A AWEEKLY CLOSE BELOW $8,570 – CREDIT SUISSE

Copper (LME) remains clearly below the intersection of the key 55 and 200-day averages, currently seen at $9,676/700. A weekly close below $8,570 would clear the way for a susbtantial drop towards $6,295, economists at Credit Suisse report.