Despite a strengthening US dollar positive expectations around the approval of the US bailout plan saw US copper futures rise. Copper’s early strength tied to gains on Wall Street, with the benchmark S&P 500 and Nasdaq temporarily adding more than 2 percent. Find the complete article here. Positive news for copper includes a new strike [...]
Worries about the US $700 billion US financial rescue plan has left copper at a one-week low. “Copper prices will continue to fall in the medium-term, there is a slowdown in demand and there are recession risks in the U.S. and in Europe — and this could spill over to China.” Find the complete article here. The [...]
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