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Another Chart - Western Europe Covid Cases vs KC Price
Posted by Q
on March 30, 2021, 8:57 am
Looking at the below, lows in covid numbers in Western Europe have generally coincided with coffee tops while highs in covid cases has generally coincided with lows in KC price. The only time in the last 6 months this didnt hold true was in mid-late December. Look for evidence that EU Covid cases are rounding a top to confirm a coffee bottom, and look for the same in Brazil as well as this will provide a tailwind to the BRL.
- Another Chart - Western Europe Covid Cases vs KC Price - Q March 30, 2021, 8:57 am
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