47971
Aluminum at 13-Month High
World Economy

Aluminum at 13-Month High

London aluminum futures held near their strongest level in 13 months on Friday, propped up by firm demand and tighter supply in top market China, Reuters reported. Copper edged lower, but was still heading for its first weekly gain in five after minutes of the US Federal Reserve’s July meeting, released this week, showed policymakers were in no rush to hike rates. Three-month aluminum on the London Metal Exchange was little changed at $1,684 a ton. The metal hit $1,709 on Thursday, its highest since July last year, and has risen nearly 2% for the week.

 

Short URL : http://goo.gl/vwSClO
  1. http://goo.gl/VCmjxP
  • http://goo.gl/RGhnlv
  • http://goo.gl/EUKLxY
  • http://goo.gl/dZ7d6U
  • http://goo.gl/yuXsdS

You can also read ...

An expanding trade war threatens to squeeze incomes.
The untold story of the world economy—so far at least—is the...
Uncertainty abounds in Malaysia, where a two-month-old government is only starting to give  a clearer picture of economic policy.
For Southeast Asia's biggest economies, 2018 wasn't supposed...
PwC Says Australian Firms Deliberately Going Broke
Companies that deliberately fail are costing the Australian...
Asian Stocks Retreat, European Shares Mixed
Asian stocks closed lower on Monday as investors digested the...
Russia has been seeking ways of decreasing dependence  on the US currency.
One of Russia’s largest banks, VTB is seeking to decrease the...
Turkey Budget Deficit Expands
Turkey’s central government budget balance recorded a deficit...
Chinese Premier Li Keqiang (C) shakes hands with Jean-Claude Juncker (L) and Donald Tusk after the meeting in Beijing on Monday.
China could open its economy if it wished, European Commission...
Experts Say China Can Cope With Uncertain H2
China is confident it can cope with a more uncertain second...

Trending

Googleplus