Copper Investing News» copper prices

Copper Drops with Eyes on US Jobs Data

Shihoko Goto — Fri, 04 May 2012 11:00:34 +0000

Copper is falling ahead of the release of April's US jobless data, with many analysts expecting weakness in the critical labor market. A new Indonesian mining tax, however, is expected to have limited impact on mining giants already operating in the country.

Copper Gains on Low US Rates Guarantee, but Demand Outlook Still Hazy

Shihoko Goto — Fri, 27 Apr 2012 11:00:58 +0000

The Federal Reserve's confirmation that it will keep rates low until later next year has buoyed demand for copper. Investors will be closely monitoring the balance of supply and demand in global markets as well as the financial situation in Europe and China in order to gauge the red metal's price moving forward.

US Economic Data Bolsters Copper Despite China Risks

Shihoko Goto — Fri, 16 Mar 2012 11:00:53 +0000

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 Suffers on European Commission Recession Prediction

Shihoko Goto — Fri, 24 Feb 2012 12:00:49 +0000

Copper prices were weighed down amid of the expectation of another recession in Europe despite the latest Greek bailout package. China's sluggish manufacturing sector too is putting downward pressure on red metal.

Pennies Under Threat as Copper Price Surges

Shihoko Goto — Wed, 22 Feb 2012 12:15:04 +0000

The penny costs more to produce than it is actually worth, and the US Mint is looking to cut back on copper content to keep prices down.

Copper Falters as Greece Fails to Secure More Aid

Shihoko Goto — Fri, 17 Feb 2012 12:00:54 +0000

Copper reached its lowest level in three weeks as Greece failed to secure its second financial aid package.

China’s Housing Market, Inflation Sway Copper Prices

Shihoko Goto — Fri, 10 Feb 2012 12:00:28 +0000

Investors look to China for clues on copper's moves, with a push for more affording housing pushing up prices on the one hand, while inflation fears keep prices in check on the other.

Freeport-McMoRan Shrugs Off Strikes as Copper Outlook Shines

Shihoko Goto — Wed, 25 Jan 2012 12:15:36 +0000

The world's biggest publicly traded copper producer has beat expectations despite major strikes, and copper producers are looking to brighter results.

Barclays’ Copper Traders Join List of Market Mavericks

Shihoko Goto — Wed, 11 Jan 2012 12:15:08 +0000

Barclays Capital may have weathered spectacular losses by two of its copper traders, but the market is no stranger to maverick dealers.

2011 Copper Market Trends

Shihoko Goto — Thu, 29 Dec 2011 12:00:42 +0000

It has been a roller-coaster year for copper, rattled by the Eurozone crisis and a slowdown in China. But supply remains tight as output is shaky.