Emerging markets with complementary economies beginning to respond to developments and market movements from their fellow emerging markets

The recent mining strikes in Peru's Moquegua province, which in reality is not numerically that significant when you consider GLOBAL copper production, and Peru's total copper production from other regions has no less grown in influence to the point it can affect markets in various places. Examine the articles below, courtesy of many sources but cited here due to quality, reporting from my friends at Reuters. Oh... and Forbes for using Reuters report on their website headline 3...

Headline 1: Shanghai zinc up 1.8 pct, strikes lift copper! (Click here for full article)

Headline 2: India copper rises on supply concerns; zinc, lead rise (Click here for full article)

Headline 3: LME copper rises on Peru unrest, lead up 5 pct (click here for full article)

More in depth analysis to come tomorrow, but as it stands, it is increasingly interesting how interconnected emerging markets have become with one another.

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Side subject relating to post this morning about Bush's desire to life bans on offshore oil drilling.

And as usual, as I also stated in my earlier post, each side will simply dismiss one another. As I've said I don't know the politics behind each sides perspective to the extent necessary to make true judgments, but as I notice in Latin America when nothing but talk and argument happens I see happening here too in the US. Will continue to monitor and research subject for more in depth report to come.




And John Mc Cain jumping on the bandwagon... hehe =) and then Obama, countering. Oh... Politics.