Recession or depression?
By Leia Michele Toovey- Exclusive to Copper Investing News On Wednesday, U.S. copper futures retreated to a low dating back to July 2005. The price of copper for March delivery traded down to $1.5170,...
View ArticleAnalysts warn more losses in store for copper
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices may slump by more than half this year as the global recession cuts demand. MF Global Ltd., one of 12 companies that trade on...
View ArticlePoor GDP numbers put a dent in copper’s rally
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures plunged more than 6 per cent early Friday after government data showed a larger than expected fourth quarter GDP collapse....
View ArticleBackwardation hits LME copper market
By Leia Michele Toovey- Exclusive to Copper Investing News This week, a slew of bad news zapped copper’s recent rally. Copper fell in London on concerns about demand for the industrial metal after the...
View ArticleCopper’s Ascent Threatened by Growing LME Stockpiles
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices have enjoyed an 80 per cent rally this year- on the back of Chinese State Reserve Bureau (SRB) purchases. Now, signs are...
View ArticleEconomic optimism drives copper to 10 month high
By Leia Michele Toovey- Exclusive to Copper Investing News Optimism surrounding an economic recovery drove copper to a ten month high on Wednesday, as investors flooded the market with money, betting...
View ArticleCopper rallies after Fed Statement, to Hit 2009 Peak
By Leia Michele Toovey- Exclusive to Copper Investing News Copper held steady early Wednesday, in anticipation of the Fed’s statement, but following the announcement that the U.S. economy is “leveling...
View ArticleCopper Surges to New High
Copper prices rose to record territory Tuesday, as a weak greenback boosted international investor’s demand. Continue reading...
View ArticleCopper, Silver Gain on Strong Economic Report
ABC News reports that Copper and silver prices are climbing as a strong economic report is sparking hope that demand for industrial metals will grow next year.Continue reading...
View ArticleCopper rebounds on China’s Industrial data
Copper futures rebounded Tuesday, as better-than-expected Chinese industrial production and US retail sales data boosted the red metal’s demand prospects.Continue reading...
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