40895
Copper Extends Losses
World Economy

Copper Extends Losses

London copper slipped on Friday and was heading for its largest weekly loss since the start of 2015, as steel and iron ore prices plunged, speeding a pull back in commodities on concerns over China’s economy and a stronger dollar, Reuters reported. Three-month copper on the London Metal Exchange edged down by 0.2% to 36,560 a ton, extending losses from the previous session when prices fell 1.7% and reached the weakest since April 18 at $4,764 a ton. Prices were tracking for a 5.4% weekly loss, the largest weekly decline since January 2015.

 

Short URL : http://goo.gl/6FfLs6
  1. http://goo.gl/Pokuwq
  • http://goo.gl/vwLEk9
  • http://goo.gl/8AE1yi
  • http://goo.gl/53k8Z4
  • http://goo.gl/J6KKdZ

You can also read ...

China and India continue to remain the most promising investment destinations in 2017.
Developing Asia is expected to witness a 15% increase in...
Thai CB Retains Key Rate
Thailand’s central bank on Wednesday left its key interest...
Elon Musk, Kevin Plank, Bob Iger, Richard Trumka, Kenneth Carleton Frazier
The honeymoon is definitely over. When US President Donald...
Brazil Raises Deficit Ceiling
Brazil is raising its deficit ceiling for this year and 2018...
US Household Debt at $12.8 Trillion
US household debt reached a new record in the second quarter,...
Riksbank is under pressure to tighten its ultra-loose monetary policy.
Underlying inflation topped the Swedish central bank’s target...
At 310% GDP, China’s banking sector is above the advanced economy average and nearly three times  the emerging market average.
China's economy is looking good enough that the International...
Eurozone Q2 Growth Revised Upwards
The eurozone economy expanded as initially estimated in the...

Trending

Googleplus