Emerging Markets Cross-Asset Strategist, Emvest Partners

Guillaume Coutant

Emerging Markets Cross-Asset Strategist

Cross-Asset Emerging Markets Technical Research

Emvest Partners

Emvest Partners is the leading independent French financial analyst specializing in Emerging Markets for  Asset Managers, Hedge Funds and Family Offices. The studies provided by Emvest Partners are based on a top-down, cross-asset and relative-value approach of the financial markets. The articulation of macroeconomic analysis and technical analysis improves the consistency of the recommendations, the mitigation of risks of error and a significant improvement in performance.

Thematic (Sector/Industry)

Brazil Metals and mining / Thematic (Sector/Industry)

<ul><li>
<a href="https://www.smartkarma.com/entities/22872" target="_blank" data-smartkarma-citation="entities:22872:1">Copper (COPPER COMDTY)</a> (HG1 Comdty)is approaching from key midterm resistance levels at 335/340, with exhaustion signals taking place. Therefore, a 12/17% setback should be expected over the coming months.</li></ul><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/044/952/original/HG1%20Comdty%20%28Generic%201st%20'HG'%20Fut%202018-02-05%2019-09-05.png?1519036778" class="editor-image img-responsive" data-smartkarma-image-id="44952"></figure><ul>
<li>Linked stocks like <a href="https://www.smartkarma.com/entities/21814" target="_blank" data-smartkarma-citation="entities:21814:1">Antofagasta PLC (ANTO LN)</a>, <a href="https://www.smartkarma.com/entities/12491" target="_blank" data-smartkarma-citation="entities:12491:1">Freeport Mcmoran Inc (FCX US)</a> are expected to relatively underperform against other metals companies.</li>
<li>In parallel, <a href="https://www.smartkarma.com/entities/26756" target="_blank" data-smartkarma-citation="entities:26756:1">CLP (USDCLP CURNCY)</a> is also showing bottomish signals close to 595. A bullish reaction should be taking place towards 650 even 680.</li>
</ul><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/044/955/original/USDCLP%20Curncy%20%28USD-CLP%20X-RATE%29%20T%202018-02-05%2019-16-49.png?1519036988" class="editor-image img-responsive" data-smartkarma-image-id="44955"></figure><ul><li>CLP…</li></ul>


Copper (COPPER COMDTY) (HG1 Comdty)is approaching from key midterm resistance levels at 335/340, with exhaustion signals taking place. Therefore, a 12/17% setback should be expected over the coming months.
Linked stocks like Antofagasta PLC (ANTO LN), Freeport Mcmoran Inc (FCX US) are expected to relatively underperform against other metals companies.
In parallel, CLP (USDCLP CURNCY) is also showing bottomish signals close to 595. A bullish reaction should be taking place towards 650 even 680.
CLP…

Chile Peso and Copper at Key Levels : Correction