The price of copper surged to a 2009 peak above $2.90 a lb in New York futures trade on Thursday, driven by better economic and demand growth prospects in the United States and in Europe’s two leading economies. For full story, click here
Continue reading "US Copper hits 2009 Peak on Upbeat Economic Prospects"
Thursday, August 6, 2009
U.S. copper futures lost as much as 3 percent at the open on Thursday, as prices pulled back from 10-month highs and investors squared up positions ahead of key monthly employment data on Friday. For full story, click here
Continue reading "U.S. Copper Futures Opened Lower in Profit-Taking Retreat"
Wednesday, July 29, 2009
U.S. copper settled 1 percent down on Tuesday as a weak stock market, strong dollar and broad downtrend in commodities sparked light profit-taking, though some analysts expect a quick rebound based on fundamentals. For full story, click here
Continue reading "US Copper has ended down 1%, rebound seen"
Friday, July 24, 2009
U.S. copper futures closed down a shade on Thursday, easing back from a new nine-month peak as investors booked profits and digested a more than 18 percent rally in prices during the past two weeks. For full story, click here
Continue reading "US Copper eased back from 9-month Peak"
Monday, July 13, 2009
U.S. copper futures bounced on either side of unchanged Monday morning, tracking volatile swings in equities and held hostage by continued uncertainty about global economic recovery prospects. For full story, click here
Continue reading "U.S Copper Futures have steadied with Stocks, Economic Fears Cap"
Tuesday, July 7, 2009
U.S. copper futures ended down on Monday, but bounced from their lows as chart-based buying near key technical support levels helped offset earlier losses tied to concerns about the strength of the economic recovery. For full story, click here
Continue reading "U.S Copper Futures dipped but off lows in Reversal"
Thursday, May 7, 2009
Indian copper futures reversed afternoon gains and dipped in the evening session on Thursday as investors remained cautious ahead of the U.S. bank stress test due later in the day. For full story, click here
Continue reading "India copper futures reverses gains, investors stay cautious"
Thursday, April 30, 2009
U.S. copper futures gained ground at the open on Thursday as surging equity markets and falling inventories buoyed sentiment, but a rebound in the dollar and investor caution ahead of next week’s bank stress test results capped the advance. For full story, click here
Continue reading "U.S copper futures gained due to rise in equity markets"
Monday, April 13, 2009
The Chilean peso closed stronger against the U.S. dollar Monday on gains the euro posted versus the greenback and in copper prices in the New York session. For full story, click here
Continue reading "Chilean Peso closed stronger on gains in Euro, NY Copper"
Monday, April 13, 2009
Copper surged to its highest level in six months in New York futures trade Monday morning, as dipping inventory levels and signs of economic recovery in China, the world’s leading copper consumer. For full story, click here
Continue reading "US Copper rose to six-month high on Chinese demand prospects"
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Friday, August 14, 2009