Copper Rises on US Confidence, European Hopes
Expectations of continued easy monetary policy in the United States, and hopes for the European Central Bank to step in to prop up the sluggish economy, are bolstering copper demand worldwide.
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Afghan Copper Potential Lures Investors Worldwide
Afghanistan’s political future remains uncertain, but there is no doubt about its copper wealth. The Afghan government is eager to learn from the best practices of major mining groups, but competition to tap into the country’s copper riches is heating up among miners both large and small.
US Job Growth Boosts Copper Bulls
Copper hit its highest level in 2012 this week, boosted by strong manufacturing data from China. Steady job growth in the US too is pushing up demand, but downside risks especially in Europe remain.
2012 Copper Q1 Market Trends and Outlook
While steady US economic growth and improved sentiment about Europe’s prospects have improved overall market sentiment, China continues to hold the key to determining copper prices on global markets. Chinese appetite for the red metal may be cooling off slightly, but demand worldwide is expected to remain steady, as are prices.
Copper Range-Bound as US Growth, China Risks Assessed
More strong US economic data is keeping the bulls content, but worries about Chinese demand is keeping the red metal range-bound this week.
Could US Economic Growth Offset Chinese Copper Demand?
A slowdown in the Chinese economy and a cooling off of its real estate market are weighing down on the global copper market. But a rebound in US growth will only partially offset China’s decreased appetite for the red metal.
China’s Manufacturing Slowdown Hampers Copper
A slowdown in Chinese manufacturing is bringing down the price of copper this week, but losses are limited in light of continued gains in the US economy.
Arizona’s Copper Mining Challenges
Copper is a major source of revenue for Arizona, and a step forward in land rights legislation should further the state’s dominance in the red metal market.
US Economic Data Bolsters Copper Despite China Risks
Stronger US manufacturing and job growth are pushing up demand for copper even though Chinese demand may falter as the real estate sector cools down.
Copper in Architecture
The surge in copper prices in recent years has led to a wave of metal theft worldwide which show no signs of abating. But while the red metal’s durability makes it a popular material in construction, its sheen also makes it a hit amongst architects and may continue to rise in demand amongst designers.
