Copper Investing News» new york mercantile exchange

Copper Slips on Crude, Boosted by U.S. Auto Sales

Leia — Tue, 01 Mar 2011 20:24:11 +0000

Copper fell from a one-week high early Tuesday, as surging energy costs and inflation in China threatened to slow demand for the red metal.

U.S. copper futures hold two-week peak after data

Researcher — Wed, 01 Dec 2010 20:16:49 +0000

Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.

Strong Fundamentals Boost Copper

Leia — Tue, 30 Nov 2010 22:29:35 +0000

Copper prices were propelled to a five-week high as better-than-expected business and consumer confidence data overshadowed European debt concerns.

Copper Plunges on Bearish Data

Leia — Tue, 23 Nov 2010 22:25:09 +0000

An onslaught of negative data hit the copper market Tuesday sending the red metal down in early trading.

U.S. copper trims losses after Fed easing statement

Researcher — Thu, 04 Nov 2010 03:11:43 +0000

Reuters reports that U.S. copper futures trimmed losses as the dollar stumbled after the Federal Reserve said it would buy $600 billion of longer-term Treasuries by the end of the second quarter of 2011.

Copper rallies after Fed Statement, to Hit 2009 Peak

Reporter — Fri, 14 Aug 2009 02:54:09 +0000

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’s nine month high thwarted

Reporter — Thu, 23 Jul 2009 01:38:03 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures ended lower on Tuesday, after touching nine month highs earlier in the session, as copper climbed for a third day on speculation that the global economy is well on its way to a recovery. The index of leading indicators in the U.S., the [...]

Stonger greenback puts the brakes on copper's rally

Reporter — Tue, 16 Jun 2009 05:34:57 +0000

By Leia Michele Toovey-Exclusive to Copper Investing News Copper fell for a second day as a stronger dollar made the commodity more expensive for those holding in other currencies; the Dollar Index, a gauge of the currency’s value against six major counterparts, rose for a second day. Further downward impetus came as stockpiling inventories in [...]

Copper Leaps on LME inventory draw-down

Reporter — Fri, 17 Apr 2009 05:36:00 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper climbed the most in over a week as dropping inventories signaled rising demand for the red metal. A huge drawdown in London Metal Exchange inventories provided the strongest boost to copper. Stockpiles monitored by the London Metal Exchange tumbled 2.4 per cent to 480,400 metric [...]

Copper’s ascent sentiment-driven

Reporter — Fri, 10 Apr 2009 05:28:46 +0000

By Leia Michele Toovey-Exclusive to Copper Investing News Speculation that the worst may be over, when it comes to the recession sent the price of copper above $2.00 a pound on Thursday for the first time since October. Stock indexes rose in Asia and Europe this week and were poised for gains in the U.S. [...]