Copper Hovers around Nine-Month Lows
Copper prices continued to hover around nine-month lows following the release of more negative economic data and IMF cutback.
Continue reading "Copper Hovers around Nine-Month Lows"
Copper prices continued to hover around nine-month lows following the release of more negative economic data and IMF cutback.
Continue reading "Copper Hovers around Nine-Month Lows"
Thursday, September 15, 2011
Copper prices closed near nine-month lows on Wednesday, but rebounded on Thursday as concerns over the Eurozone’s debt crisis eased.
Continue reading "Copper Rises as ECB Promises to Aid Banks"
Tuesday, September 13, 2011
Copper plunged to a one-month low on Monday, as fears that Greece would default on its debt permeated the markets.
Continue reading "Copper Price Up in Wake of Greek Default Fears"
Thursday, September 8, 2011
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.
Continue reading "Copper Range-bound ahead of Obama’s Speech"
Tuesday, September 6, 2011
After rallying aggressively in 2010- analysts and investment firms had very bullish projections for copper’s price outlook for 2011; with forecasts ranging between $11,000 per tonne to 13,000 per tonne.
Continue reading "Copper Q4 Outlook"
Thursday, September 1, 2011
Copper halted a two-day rally on Thursday as a fall in China’s export orders and concerns over the health of the global economy weighed down demand prospects.
Tuesday, August 30, 2011
As 2011 kicked off, copper prices seemed unstoppable with the red metal continuing its upward trajectory from 2010
Continue reading "2011 Copper Trends"
Thursday, August 25, 2011
Fresh data suggesting that the US economy may hold up in the face of global economic uncertainty sent copper futures to a two-week high on Thursday.
Continue reading "Copper Rallies to Two-Month High"
Tuesday, August 23, 2011
With the end of the seasonal lull for copper just around the corner, traders are uncertain what direction prices will move come September, when demand typically rebounds.
Continue reading "Copper and the End of the Seasonal Lull"
Monday, August 22, 2011
The copper market has continuously been plagued with labour disputes for years, however, this year strikes have been especially prevalent with workers believing that they are entitled to larger pay cheques and benefits as they perceive that their employers are “raking in the cash” on the back of high metals prices.
Continue reading "Labour Disputes Permeate Copper Market"
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Tuesday, September 20, 2011