Copper Rises Most in Two Weeks on China, U.S. Economic Signals
Copper Rises Most in Two Weeks on China, U.S. Economic Signals By Joe Richter and Agnieszka Troszkiewicz – Nov 1, 2012 Copper futures jumped the most in two weeks on signs that economies are stabilizing in China, the top consumer of industrial metals, and the U.S., the second-biggest. An official Chinese purchasing managers’ index →
Copper Declines on Concern Global Stimulus Won’t Revive Growth
By Jae Hur – Sep 26, 2012 Copper dropped on concern that stimulus measures announced by central banks from the U.S. to Japan, won’t be enough to bolster global economic growth, curbing demand prospects for industrial metals. Copper for delivery in three months lost as much as 1.1 percent to $8,185 a metric ton on the London Metal Exchange →
Copper Bears Rise to Eight-Month High as Hedge Funds Bet on Drop
By Nicholas Larkin – Jun 1, 2012 Copper traders are the most bearish since September and hedge funds are betting on price declines as concern that Europe’s debt crisis is deepening drove the metal to the lowest this year. Eighteen of 33 analysts surveyed by Bloomberg expect the metal to drop next week and six were neutral, the highest proportion →
Copper Falls to Four-Month Low on Europe, China Growth Concerns
By Joe Richter and Agnieszka Troszkiewicz – May 23, 2012 Copper dropped to a four-month low in New York on concern that slowing growth in China and the risk of Greece leaving the euro signal weaker demand for the metal. European leaders meeting in Brussels are seeking to keep Greece within the 17-nation monetary union, a day after the Organization for Economic Cooperation and →
China Slowdown to End in Third Quarter, Survey Shows
By Bloomberg News – May 17, 2012 China’s economic growth is likely to accelerate for the first time in seven quarters after banks’ reserve requirements were cut, buoying global expansion threatened by Greece’s possible exit from the euro. Third-quarter growth will rebound to 8.3 percent from 7.9 percent this quarter, according to the median estimate of 21 economists surveyed by Bloomberg News. →