Articles Tagged "interest"

Copper rallies after Fed Statement, to Hit 2009 Peak

By Leia Michele Toovey- Exclusive to Copper Investing News Copper held steady early Wednesday, in anticipation of the Fed’s statement, but following the announcement that the U.S. economy is “leveling out,” and the central banks as pledge to keep interest rates low for an “extended period” copper rose to a fresh 2009 high. Copper for [...]

Copper gains $40

China cut interest rates, reviving speculation of a rebound in economic growth that may spur demand for industrial metals. Copper gained $40 to $3,735 a tonne. For full story, click here