BLBG: Comex Copper Likely Most Affected by Indexes, Merrill Says
By Stuart Wallace
Dec. 2 (Bloomberg) -- Copper traded on the Comex division of the New York Mercantile Exchange will likely be the commodity most affected by the rebalancing of indexes next month, Bank of America Merrill Lynch said in a report.
Investors in the DJ-UBS index will probably sell copper, West Texas Intermediate crude oil and gasoline and buy natural gas, corn and soybeans, the bank said in the report. Investors in the S&P GSCI index will sell WTI crude oil and gasoline and buy Brent crude oil and gasoil.
