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Copper prices are rallying amid renewed optimism for trade progress between the U.S. and China, bringing the metal's two-day gain above 4%. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Commodities news, Stocks on the move, News on ETFs, R...
Copper prices behave more deliberately than perhaps prices in other commodity markets. Like gold, it is still set by a mix of economic (meaning physical) and financial (meaning collateral and financing). Unlike gold, there doesn't seem to be any rush to get to wherever the commodity market is ...
Copper drops to its lowest price since mid-2017 amid mounting evidence of a global slowdown and fading prospects for a deal in the U.S.-China trade war. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Stocks on the move, Commodities news, News on...
By Gregor Spilker At A Glance U.S. soybeans remain one of the most affected U.S. commodities in the trade war, and history suggests there could be lasting effects. No increased tariffs on oil could mean that U.S. crude remains too important to the Chinese economy. Because commodi...
Copper prices fall within striking distance of a fresh multi-year low, with Comex September copper sliding another 1.1% today to $2.557/lb. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Commodities news, News on ETFs, Read more ...
The price of nearby September copper futures on the COMEX division of the Chicago Mercantile Exchange has been trading on either side of the $2.60 per pound level. The copper market is anxiously waiting for the next news on the trade and currency war between the US and China. China is the dema...
By now, it is well-known that the Chinese economy is going through a prolonged state of weakness. The recent July data has merely confirmed this, yet commodities, in particular, the industrial metals complex have been roiled. The latest commodity dip has lead me to re-orienting my portfolio,...
Copper exports have resumed from the Peruvian port of Matarani after anti-mining protests that had blocked roads and railways in the country's southern copper belt eased over the weekend. More news on: Freeport-McMoRan Inc., Glencore plc, Hudbay Minerals Inc., Commodities news, News on ...
Copper prices climbed after Pres. Trump walked back plans to impose new tariffs on some Chinese products, which helped ease worries about growth and demand in China. More news on: iPath Bloomberg Copper Subindex Total Return ETN, Global X Copper Miners ETF, Invesco DB Base Metals ETF, C...