Copper gains on expectations that the Federal Reserve will keep rates low until 2014 in order to keep the US economy's path to recovery on even keel.
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices may slump by more than half this year as the global recession cuts demand. MF Global Ltd., one of 12 companies that trade on the floor of the London Metal Exchange, predicts that the three-month contract may average $3,250 per metric tonne in [...]
Copper futures fell more than 2 percent on Tuesday, as continuing uncertainty over the health of the global economy and the subsequent demand for industrial metals pressured prices, analysts said. For full story, click here
Copper futures edged higher as a cut to record-low US interest rates by the Federal Reserve sent the dollar reeling, but worries about the world economic picture kept gains in check. For full story, click here
Friday, January 27, 2012