By Leia Michele Toovey- Exclusive to Copper Investing News Copper is often looked to as a barometer of economic health due to its copious use in building and construction. When an economy is growing, copper use rises exponentially. In the early 2000′s rapid economic growth paved the way for an explosion in demand for the [...]
By Leia Michele Toovey- Exclusive to Copper Investing News This week on the London Metal Exchange, the industrial metals rallied. Copper for delivery in three months jumped $525, or 13 per cent, to $4,655 a metric ton. Aluminum advanced 2.7 per cent, nickel 7.8 per cent and zinc 7 per cent. This was a welcome [...]
By Leia Michele Toovey- Exclusive to Copper Investing News Copper rallied to a one week high on Monday as uncertainty over the U.S. banking bailout dropped the American currency in comparison to the yen and euro. Further positive sentiment was extended as stocks fell in Asian warehouses, suggesting a pick-up of demand in China. Extra [...]
Friday, February 20, 2009