Obviously we can note a strong positive correlation that links the two financial variables from years, with the downward trend of the copper which is reflected in a not so exciting phase also for the Asian Index. In the meanwhile, this correlation suffers some natural breaks. The two cases that seem to be most similar to the current one (currencies up, copper down) seem to be those of 2011 and 2012-2013.
Even then, the price of copper began to fall in face of a strengthening of the Asian Index that after a few months of divergence, however, was forced to follow the trend of the raw material (Graphic source: Bloomberg).
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