Goldman, BlackRock decline comment on copper ETP
Reuters reports that on Wednesday, Goldman Sachs and BlackRock, has declined to comment on market talk that they were planning a copper exchange-traded product.
Articles Tagged "Goldman Sachs"
Backwardation hits LME copper market
By Leia Michele Toovey- Exclusive to Copper Investing News This week, a slew of bad news zapped copper’s recent rally. Copper fell in London on concerns about demand for the industrial metal after the International Monetary Fund said the global economy will shrink this year. Copper for delivery in three months lost $36.25, or 0.8 [...]
Copper Drops on Bailout Worries
US copper futures continued to drop as investors wait and concerns remain high about the government’s bailout plan. The drop was capped by reductions in inventory from the London Metal Exchange (LME) warehouse. Concerns that political wrangling could delay or weaken the bailout plan to mop up bad mortgage debts from banks’s balance sheets seen [...]
