Copper Climbs
World Economy

Copper Climbs

London copper rallied on Tuesday as China markets stabilized, soothing fears that a further sharp deterioration in Chinese shares or currency could derail a fragile global recovery and impair demand for metals, Reuters reported. Rebounding oil prices and solid US consumption data also prompted investors to look for bargains after last week’s rout. In metals markets, China’s copper imports have been resilient–especially considering the international economic turmoil–helping to underpin prices. Still, imports of the metal are likely to tail off in coming months, returning the global market to surplus, Standard Chartered said in a note.


Short URL : http://goo.gl/keMlZ7
  1. http://goo.gl/VGx3HS
  • http://goo.gl/m0FKdY
  • http://goo.gl/vPdsWd
  • http://goo.gl/qKTeqJ
  • http://goo.gl/Opfnmt

You can also read ...

Najib Says Malaysia Reserves at $100 Billion
Malaysia’s international reserves, which amount to more than $...
For the full year 2017, GDP growth may be slightly higher than the 1.4% estimated in the previous bulletin, the Bank of Italy said.
Fitch Ratings has affirmed Italy's sovereign rating at 'BBB'...
Pakistan Economy Teetering as Pleas for Remedy Mount
Pakistan is showing clear signs of economic meltdown amid...
If NAFTA is scrapped, some economists predict that the big automakers would just shift production altogether to Europe or Asia.
America’s federal government finished fiscal 2017 with a...
Japan Faces Huge Challenges
Is Japan’s problem-plagued economy finally turning a corner?...
Fed Chair Race Heats Up
President Donald Trump said he’s considering Stanford...
GE is maker of power plants, jet engines, medical devices and other  industrial equipment.
General Electric Co’s new chief executive vowed to shed more...
Bitcoin Hits Fresh All-Time High of $6,000
Bitcoin surged to a new all-time high above $6,000 on Friday,...