Not exact matches
Copper, seen
as a
barometer of global industrial demand, tumbled 2.5 percent, with three -
month copper on the London Metal Exchange also hitting a six - year low of $ 4,920 a tonne.
The so - called January
Barometer,
as first mentioned by Yale Hirsch of the Stock Trader's Almanac, suggests the performance of stocks in the first
month of the calendar year dictates where prices will head for the year overall.
Premiums on South Korean foreign exchange stabilisation bonds, a key
barometer of sovereign risk, jumped to an 18 -
month high this week
as tensions between Pyongyang and Washington rose following ballistic missile tests by North Korea.
The Almanac originated such important market phenomena
as the «January
Barometer» and the «Santa Claus Rally» and was instrumental in popularizing other tradable strategies, such
as «The Best Six
Months Strategy» (commonly known
as «Sell in May and Go Away») and the four - year Presidential Election Cycle.