36123
Copper Steady
World Economy

Copper Steady

London copper steadied on Tuesday, underpinned by a weaker dollar as worries over bank solvencies spilled over from global stock markets, and turnover was extremely low as traders waited for the return of top consumer China next week, Reuters reported. Investor sentiment, already soured by a soft patch for global growth, worsened on concerns that Deutsche Bank would not be able to meet its bond payments sent its shares tumbling near 10% on Monday. This fueled weakness in industrial commodities, as investors fled to safe-havens and away from industries linked to global growth, such as metals.

 

Short URL : http://goo.gl/ZfgGTk
  1. http://goo.gl/nPcTy4
  • http://goo.gl/hnpwmS
  • http://goo.gl/l84sSb
  • http://goo.gl/53lYxj
  • http://goo.gl/PEmMUO

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...

Trending

Googleplus