Dr Copper is at it again, signalling upside for mining stocks according to some, despite being largely overlooked by investors and even treated with fear by others who are stewing over the implications of the trade spat between the United States and China. The Basic Resources sector in Europe trades lower than its starting point for 2018 and well off the highs registered in both May and June. Red ink in European equities is nothing new, as many sectors and stock market indices remain negative year to date, as investors focus on the divergence trade with the US outperforming everything else. But perhaps the mood music is changing for mining stocks.

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