Copper Snaps Four-Session Slump
Copper halted a four-session slump Tuesday as economic concerns eased following a drop in the price of crude oil. On Monday, crude closed at a 29-month high on disruptions in Libya.
Copper halted a four-session slump Tuesday as economic concerns eased following a drop in the price of crude oil. On Monday, crude closed at a 29-month high on disruptions in Libya.
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures were able to hold on to their positive momentum until Thursday’s close, when consistent inventory builds and grim economic data suggested that demand will exert more downside pressure. Copper started the New Year with a bang, but the positive movement was cut short [...]
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