Copper futures hit record territory in London Tuesday, buoyed by positive manufacturing data from around the world. Tuesday’s new high was the fifth time in the past seven trading sessions that copper hit a record.
Continue reading "Economic Optimism Spurs Copper"
Tuesday, December 28, 2010
Copper climbed to a record in New York for a second day as a weaker dollar and increased investor appetite for commodities overshadowed China’s unexpected interest-rate hike.
Continue reading "Copper Prices Break Another Record"
Tuesday, December 7, 2010
Copper prices rose to record territory Tuesday, as a weak greenback boosted international investor’s demand.
Continue reading "Copper Surges to New High"
Tuesday, August 24, 2010
Fears that the economic recovery is about to stall caused bell weather copper to fall its most in five weeks.
Continue reading "US Demand Concerns Hit Copper Market"
Tuesday, August 10, 2010
Copper plunged to a near two-week low Tuesday, as investors worried that the recent rally has been overdone. Benchmark copper for three-month delivery on the London Metal Exchange traded at $7,250 a tonne from $7,425 at the close on Monday.
Continue reading "Copper Pauses Ahead of Fed Statement"
Tuesday, July 27, 2010
Copper enjoyed a welcome relief rally last week; but on Tuesday, the recovery was snapped as negative consumer sentiment sent equities across the US and Europe downward.
Continue reading "Copper Drops from 10 week High"
Tuesday, July 20, 2010
Copper commenced Tuesday in positive territory, extending Monday’s winning streak on the back of the longest run of inventory declines in over a year. Copper is ignoring overall market sentiment as lower than anticipated earnings reports from both Goldman Sachs and IBM wreaked havoc on the American and European stock markets.
Continue reading "Copper Demand to Outpace Supply"
Monday, June 28, 2010
Easing concerns over the state of the global economy sent copper on its first winning streak in months. Monday marked the fourth straight day that the metal was in positive territory. Copper closed last week with the biggest weekly gain in over four months.
Continue reading "Copper Rises with Economic Optimism"
Tuesday, June 15, 2010
Copper prices started Tuesday’s session flat- after a welcome rally on Monday. Monday marked the sixth straight day that the red metal rallied; the longest ascent the metal has experienced in more than five months.
Continue reading "Finally, Some Relief for Copper Prices"
Tuesday, June 8, 2010
If copper continues down the same path, by week’s end the industrial metal may hit values not seen since the recession. Copper opened Tuesday’s session with volatility, swinging between gains and losses in line with the greenback.
Continue reading "Copper on Track to Erase Post Recession Gains"
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Tuesday, January 4, 2011