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US copper update

December 15, 2009 @ 8:03 pm In Copper Market News

On Monday, U.S. copper futures pushed higher after news of a financial bailout for debt-laden Dubai supported sentiment and added to last week's positive.

The news release is quoted as saying:

Copper buoyed by increased risk appetite in broader markets after news Abu Dhabi threw debt-laden Dubai a $10 billion lifeline in an effort to avert a bond default.

Click here to access the entire press release [1]


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[1] Click here to access the entire press release: http://www.reuters.com/article/idUSN1437384720091214

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