Copper futures trade near 2009 Oct low

Note: This section contains information in English only.
Source: Investing.com
On Monday copper traded close to the five-year low, as concerns over weak global demand put pressure on the red metal. Futures for March delivery slid 0.4 cents to $2.751 per pound after hitting a low of $2.741, unseen since 2009, amid Chinese producer price inflation declining the most in a two-year period. Strong greenback cut demand for raw materials by making commodities' prices in dollar terms more expensive, while Asia is the world's largest copper consumer, constituting nearly 40% of the demand.
Back to articles

Actual Topics

Mon, 12 Jan 2015 12:42:04 GMT

US gas prices at a new five-year low amid oil slump

In the US prices for gasoline dropped to a new low in five years, with drivers paying $2.2021 per gallon on the average last week. By January 9 prices declined 26.92 cents during the past three weeks and are $1.14 per gallon lower than a year ago. Crude oil prices falling below $50 was the main reason for the slump

Mon, 12 Jan 2015 11:11:04 GMT

GBP weakens against the US Dollar to a nearly 18-month low

On Monday the Pound declined versus the US Dollar close to an 18-month low, hitting $1.5099. Demand for the Greenback was quite strong, in spite of pale US average hourly earnings data. The earnings declined 0.2% during December and were only 1.7% higher relative to the previous year. At the same time, the UK currency found support amid the upbeat manufacturing production

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.