Copper – Reuters reported that copper moved down on Thursday, under pressure from uncertainty over plans for U.S. Fed stimulus and a looming surplus.
Articles Tagged "copper news"
Copper – The Wall St. Journal reported that copper futures rose modestly on Wednesday, as investors digested Euro Zone growth data. As quoted in the market report:
Copper – Bloomberg reported that copper jumped to an eight-week high on Wednesday on the back of an increase in Chinese imports.
Copper – Reuters reported that copper dropped nearly 2 percent on Tuesday in London, as anticipation of poor manufacturing data from China dampened the metal's prospects.
Copper – Bloomberg reported that copper saw volatile trading on Monday in London, pulled back and forth on news of a Chinese debt audit.
Copper – Bloomberg reported that copper fell in New York, pulled down by Chinese direction to companies in 19 different industries to scale back production capacity, fuelling concern over demand.
Copper – The Financial Post reported that Goldman Sachs sees copper falling as low as $6,600/mt in the next 12 months.
Copper – Bloomberg reported that copper rose to a five-week high in New York on Wednesday, pushed ahead by better than expected data out of the European manufacturing sector.
Copper – Forbes reported that analysts widely expect Freeport-McMoran Copper and Gold (NYSE:FCX) to announce declining profits in their second quarter profits, but continue to rate the company a "buy".
Copper – Platts reported that a new study from SNL Metals Economics Group, blames a a variety of factors, including lower ore grades, higher royalties and environmental costs for jacking up capital costs for copper miners.