Copper Investing News» COMEX

Copper Range-bound ahead of Obama’s Speech

Leia Toovey — Thu, 08 Sep 2011 21:42:14 +0000

Copper futures edged down half a percentage point in early trading Thursday, however, trading volumes were thin as traders adapted a wait-and-see approach ahead of anticipated statements by Federal Reserve chairman Ben Bernanke and President Barack Obama for further insight into the state of the US economy.

Housing Data Leaves Copper Range-Bound

Leia Toovey — Tue, 17 May 2011 22:35:10 +0000

Copper prices witness some well-deserved relief over the past few days, spurred my positive manufacturing data out of the U.S. On Tuesday morning, copper continued its ascent, trading as high $4.0395 a pound, but quickly gave-up those gains when news that U.S. April home construction unexpectedly fell hit the markets.

Copper Snaps Four-Session Slump

Leia Toovey — Tue, 08 Mar 2011 21:03:17 +0000

Copper halted a four-session slump Tuesday as economic concerns eased following a drop in the price of crude oil. On Monday, crude closed at a 29-month high on disruptions in Libya.

Copper Jumps to Record as China Stockpiles Drop

Anne Bagchi — Mon, 27 Dec 2010 23:55:18 +0000

Bloomberg reports that Copper futures rose to a record as inventories declined in China.

Copper Futures Retreat in New York

Anne Bagchi — Wed, 15 Dec 2010 18:47:12 +0000

Bloomberg reports that Copper prices fell the most in three weeks in New York.

Copper Rises Close to 31-Month High

Anne Bagchi — Fri, 10 Dec 2010 19:34:30 +0000

Bloomberg reports that Copper futures gained, trading close to a 31-month high in New York, after imports by China rebounded from the lowest level in a year.

Copper Hits Record

Anne Bagchi — Wed, 08 Dec 2010 23:51:37 +0000

Bloomberg reports that Copper rose to a record on signs the global recovery will stoke demand.

Copper Rises, Posts Biggest Weekly Gain

Anne Bagchi — Sat, 04 Dec 2010 00:00:28 +0000

Bloomberg reports that Copper prices rose, capping the biggest weekly gain in more than four months.

Copper Prices Jump as Chinese Manufacturing Expands

Anne Bagchi — Wed, 01 Dec 2010 20:19:52 +0000

Bloomberg reports that Copper prices had the biggest gain in almost four weeks as factory output expanded in China.

U.S. copper futures hold two-week peak after data

Anne Bagchi — Wed, 01 Dec 2010 20:16:49 +0000

Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.