Rising inflation and interest rate hikes in China, a struggling Japanese economy, and sustained high oil prices have investors worried about future demand for copper.
Continue reading "Economic Worries Negatively Impact Copper"
Thursday, December 16, 2010
Bloomberg reports that Copper declined for the second straight day in New York.
Continue reading "Copper Declines a 2nd Day on Stockpile Increase"
Saturday, November 13, 2010
Bloomberg reports that Copper tumbled the most in four months in New York.
Continue reading "Copper Tumbles From Record in London"
Wednesday, October 8, 2008
WIth central banks cutting interest rates globally copper has narrowed its losses after having fallen more than seven percent with financial crisis concerns. The U.S. Federal Open Market Committee, the policy-setting arm of the U.S. Federal Reserve, cut benchmark lending rates by half a percentage point to 1.5 percent in an action coordinated with other central banks. [...]
Continue reading "Copper Narrows Losses"
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Thursday, April 14, 2011