Articles Tagged "new york mercantile"

U.S. copper trims losses after Fed easing statement

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 Leaps on LME inventory draw-down

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 joins stock market rally

By Leia Michele Toovey- Exclusive to Copper Investing News Monday Oct 13 2008 is a day that will go down in history. This day, which was also Canadian Thanksgiving, and Columbus Day in the US, was the first day in a long time that the markets gained significant upward momentum. Oct 13 was a record [...]

Copper Futures Extend Last Week’s Loss

By Leia Michele Toovey – Exclusive to Copper Investing News On Monday, copper futures extended their losses across all markets. On the MCX-copper futures fell 3.22 percent.  On the New York Mercantile Exchange COMEX, US copper futures tumbled to a five month low with copper for September delivery HGU8 slipping 3.3 percent to $3.4595 per [...]