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 ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...