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Early US Copper Climbs in Rebound

September 18, 2008 @ 8:51 am In Copper Market News

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.

Find the article here [1].


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[1] here: http://www.reuters.com/article/rbssMiningMetalsSpecialty/idUSN1838317420080918

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