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.

Argentina as No Claims-Nation Revealed in Repsol Losses: Energy

By Nathan Crooks – May 14, 2012 Repsol YPF SA (REP), the Spanish oil explorer seeking $10.5 billion from Argentina for seizing its assets, will line up behind companies from Exxon Mobil Corp. to Unisys Corp. (UIS) yet to be repaid by the most-sued nation on earth. There are 26 cases pending against Argentina, more than any other country, at the World Bank’s

Copper Futures Seen Rallying 11% on Fibonacci Retracement

By Debarati Roy – May 7, 2012 Copper prices, which gained the most in a week yesterday, may climb to $4.20 a pound for the first time since September, according to technical analysis by Paul Kavanaugh, a senior trader at PFGBest. The futures contract for July delivery will rise 11 percent if prices on the Comex in New York top

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