JJCTF News and Press, iPath Bloomberg Copper Subindex Total Return Sub-Index ETN From 08/19/20

Copper prices ( HG1:COM ) climbed to a two-year high today as Rio Tinto delayed restarting a smelter at its Kennecott mine in Utah, adding to supply disruptions that have underpinned a price rebound and left the industry running low on inventories. More news on: Copper Futures, Freep...

Freeport McMoRan ( FCX +2.5% ) nearly matches its 52-week high as copper inventories in warehouses tracked by the London Metal Exchange fell 2.3% to 107.5K tons, the lowest since August 2007, according to Bloomberg. More news on: Freeport-McMoRan Inc., Rio Tinto Group, BHP Group, Energy ...

Original Post By Stuart Burns Zinc and lead are co-mined metals, often assessed in tandem. Zinc and copper, however, are less likely to be viewed as driven by the same fundamentals. Sentiment, yes. All the base metals can be influenced by the same narrative, such as currency streng...

Freeport McMoRan ( FCX +9% ) spikes to a 52-week high as copper prices surge after robust factory data in China raises hopes of a demand rebound in the world's top metals consuming country. More news on: Freeport-McMoRan Inc., Copper Futures, Rio Tinto Group, Commodities news, Stocks...

Supervisors at Antofagasta's ( OTC:ANFGF ) Centinela copper mine in Chile accepted the company's latest contract offer , avoiding the possibility of a strike. More news on: Antofagasta plc, Global X Copper Miners ETF, iPath Bloomberg Copper Subindex Total Return ETN, Commodities news, N...

The union of workers at Chile's Zaldivar copper mine in Chile reach a contract deal with operator Antofagasta ( OTC:ANFGF ) , averting a potential strike, Reuters reports. More news on: Antofagasta plc, Barrick Gold Corporation, Global X Copper Miners ETF, Commodities news, News on ETFs...

Source: pxhere.com In our 7/17/2020 weekly update, we noted a shift in Federal Reserve policy concerning its dual mandate of maintaining full employment while keeping a lid on inflation. So far, we've witnessed the Fed's aggressive response to the economic contraction and capital markets...

The risk-on rally has been strong and unrelenting, but it may be close to being over. The soaring Nasdaq 100 ( QQQ ) and copper prices have been the biggest beneficiaries of this rally, and both are at significant inflection points that would suggest a reversal of a trend, from risk-on to risk...

London copper closed -1.7% to $6,386/ton as concerns fade for now over the outlook for supplies from South America. More news on: Antofagasta plc, Freeport-McMoRan Inc., Rio Tinto Group, Commodities news, News on ETFs, Read more ...

In the chart below, we show the year-to-date performance through last Friday of several different commodities. Fitting for a year with a pandemic ravaging the globe, vitamin C is in demand as orange juice is actually the top performing commodity year to date with a gain of 33.6%. Behind OJ, ...