Early US Copper Climbs in Rebound
US copper futures rose from a 9-month low to trading at close to $3.00 per pound. The move was supported by global central banks strengthening world stocks with an influx of money into money markets.
Six of the world’s top central banks announced a series of measures to pump more than $180 billion in extra dollar funds into global money markets which had virtually frozen up this week after upheaval on Wall Street.
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Thu, Sep 18, 2008
Post by Mike Rodger, Copper Reporter