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JJCTF News and Press, iPath Bloomberg Copper Subindex Total Return Sub-Index ETN From 09/01/20

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Company Name: iPath Bloomberg Copper Subindex Total Return Sub-Index ETN
Stock Symbol: JJCTF
Market: OTC

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JJCTF - Copper pops to two-year highs on strong China manufacturing data

Copper prices ( HG1:COM ) push to a two-year high following data showing Chinese manufacturing activity rising at its fastest pace in nearly a decade, as well as a weaker dollar and declining copper inventories. More news on: Copper Futures, Freeport-McMoRan Inc., BHP Group, Commoditie...

JJCTF - Freeport to ease Grasberg lockdown in effort to end protest

Freeport McMoran's ( FCX +0.3% ) Indonesian unit says it will ease a lockdown at its Grasberg gold and copper mine following this week's protests by workers angry that they have not been allowed to leave the complex for months. More news on: Freeport-McMoRan Inc., Global X Copper Min...

JJCTF - Copper climbs near two-year high as inventories fall, China demand rises

Copper prices ( HG1:COM ) closed +1% to $6,594/ton, pushing near two-year highs reached earlier this month, as London Metal Exchange inventories fell to the lowest in 14 years and China enjoys its strongest copper demand in three and a half years. More news on: Copper Futures, Freepo...

JJCTF - Copper tops $3/lb. for first time in more than two years

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...

JJCTF - Citi lifts copper price outlook as LME stockpiles slide to lowest since 2007

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 ...

JJCTF - Supply-Side Worries Are Supporting Zinc, Lead And Copper Prices

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...

JJCTF - Copper rallies on demand hopes, sliding inventories; Freeport hits YTD high

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...

JJCTF - Centinela mine supervisors OK Antofagasta contract offer

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...

JJCTF - Strike averted at Chile's Zaldivar copper mine

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...

JJCTF - Pig In The Python: The Growing Threat Of Inflation

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...

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