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Copper

Copper slips from 29-month highs as dollar strengthens
Markets

Copper slips from 29-month highs as dollar strengthens

  • European stock markets and oil prices rose for a second day, though weak inflation data in China.
  • The dollar, meanwhile, recouped some of Monday's losses, pressuring metals by making them more expensive for buyers with other currencies.
Published 10 Nov, 2020 05:12pm
Copper rebounds on upbeat Chinese and US economic data
Markets

Copper rebounds on upbeat Chinese and US economic data

  • Copper fluctuated between modest losses and gains in early trade but climbed after the US payrolls data was released.
  • The data overnight shows China is clearly improving, but at the same time so has the data in terms of available copper stocks over the past few days.
Published 30 Sep, 2020 11:52pm