Tag Archive | "expectations"

Job data keeps copper in positive territory

Monday, June 8, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures rose Friday after government data showed the U.S. lost much fewer jobs last month than expected, fueling hopes for an economic recovery. Copper steadied on Thursday, gaining support from rising equities and a weaker dollar, after the metal plunged just before close on Wednesday. [...]

India Copper futures traded lower on profit-taking

Monday, April 6, 2009

India copper futures turned lower on Monday evening on profit-taking triggerred by expectations that U.S. equity markets would dip, after the red metal surged about 7 percent in the previous three sessions. Gnansekar Thiagarajan, director with Commtrendz Research in Mumbai, stated: There will be profit-taking as copper had risen substantially last week. For full story, [...]

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