but first...kevin kerr of kerr trading joins us from the c-m- e....kevin. b01 the dollar has driven market certainly there is one in the commodity taking a look at the global economy cabin of perpetrating international knows that he's with us at the cme group. he mentioned ahead of the break they you think a commodity rather the oil and some of the commodities copper include an air all dollar driven not expectation of a recovering economy? is a heavy submit to the dollar. who is probably and 90 to 10 percent demand. if the body is focused on the dollar as we see the dollar we can see the commodities rallies and vice versa for pc the dollar falling on the dollar rally the commodity solve this is pretty much what has been driving the market lately not typically demand. if we are seeing not only in china but in some parishes bullish inventory of oil have recently so we are starting to see the recovery but it's very slow and i would the essay is the big driver of the year. how did look at the u.s. economy you have to remember that really is a global community g

we get the stats with morgan downey, director commodity strajts strategies along with kevin kerr, president and chief trading officer at carat trading international. let's talk about the motivation for china. clearly china as well as the united states are the major consumers of energy and so many commodities. is this a strategy, morgan, to stockpile so they have enough of these kinds of materials for a rainy day or as their economy continues to transition toward further growth? >> well, i think there are three reasons for china stockpiling. you've got the national government in china is stockpiling copper and oil. and they're doing that in order to stabilize supply, to remove volatility of supply. you've got the provincial government stockpiling a little bit of aluminum, nickel and zinc. and that stockpiling is basically to support local smelters in china who are hurt when prices drop too well. finally, the elephant in the room in terms of china is stockpiling by individual investors. i just spoke to one of my contacts in china. he told me that nickel is the new gold in china and that coppe