Metals
Morning Copper Market Report
Copper prices are posting gains this morning in spite of a 7th straight month of contraction in a private survey of Chinese manufacturing. Some traders feel that a portion of the negative Chinese demand fears may have been offset by favorable private Chinese copper demand predictions, or perhaps the...
3:11 pm | CME Group
Morning Copper Market Report
With noted declines seen in Asian copper prices overnight, substantial weakness in global equity markets and adverse currency market action, copper prices are likely to remain under pressure this morning. In fact, July copper saw a downside breakout on the charts again that put copper prices down to the lowest level since January 5th.
May 23 | CME Group
LTN looks at Big Cap Gold and Silver Miners
Below are valuations for the Big Cap Gold and Silver Miners stocks, as follows; Barrick Gold Corporation (NYSE:ABX); Goldcorp Inc. (NYSE:GG); Newmont Mining Corp. (NYSE:NEM); AngloGold Ashanti Ltd. (NYSE:AU); Kinross Gold Corporation (NYSE:KGC); Agnico-Eagle Mines Ltd. (NYSE:AEM); Gold Fields Ltd. (NYSE:GFI); Yamana Gold, Inc. (NYSE:AUY); IAMGOLD Corp. (NYSE: IAG); Harmony Gold Mining Co. Ltd.
By Paul A. Ebeling, Jnr. | May 22 | LiveTradingNews
Morning Copper Market Report
July copper has posted moderate gains this morning but remains well below this week's highs. Many traders were surprised that the copper market wasn't able to benefit from the latest series of official "hints" of upcoming Chinese easing.
May 22 | CME Group
Morning Copper Market Report
July copper prices traded in a fairly wide range of just over 8 cents during the overnight session, as some traders feel that copper is being impacted by a number of different forces.
May 21 | CME Group
Morning Copper Market Report
The copper market has been able to put together a moderate recovery from overnight lows this morning. However, many traders feel that copper and other industrial commodity markets have not found as much benefit as precious metals market from improving macro-economic sentiment.
May 18 | CME Group
London copper inches above 4-month lows; euro zone weighs
London copper peeked above four-month lows on Friday on short-covering and signs that Greeks are warming to pro-austerity parties, allaying some fears the country could leave the euro zone. Still, worries about Spain's finances and reports of Chinese copper inflows onto the London Metal Exchange (LME) will likely cap gains in the session.
May 18 | Reuters
Morning Copper Market Report
July copper prices have extended yesterday's rebound this morning, after posting a high to low decline this month of roughly 40 cents a pound. Copper found moderate support from news overnight that China was providing fresh stimulus to their economy, with a plan to increase domestic consumption levels through a subsidy for energy-efficient appliances.
May 17 | CME Group
Morning Copper Market Report
A sharp selloff in copper prices overnight would seem to confirm for many traders that there are rising concerns that the global economy might be heading back toward recession. With the addition concern from an ongoing financial debacle in the Euro zone, few traders find it surprising to see copper and physical commodity prices in what appears to be a deflationary selloff.
May 16 | CME Group
Morning Copper Market Report
In addition to building Euro zone contagion concerns, copper may be reacting negatively to the prospect of further economic slowing in both the US and China. Many traders were surprised that the copper market wasn't able to benefit from news of a 50 point cut in Chinese bank reserve requirement...
May 14 | CME Group
Copper prices eased a touch
Copper prices eased a touch on Friday, reversing gains from the previous session ahead of the release of China industrial output data that is expected to shed light on the health of the economy as investors worry about slower growth.
May 11 | Reuters
Copper edges lower; eyes on China data
Copper prices inched lower on Friday, reversing gains from the previous session, while investors await output and inflation data from China for cues on the growth of the world's second-largest economy.
May 11 | Reuters
