Copper falls ahead of ECB meeting outcome

Note: This section contains information in English only.
Source: Investing.com
Prices for copper slid on Thursday amid traders awaiting for the ECB meeting outcome, where a bond-buying programmed is expected to be revealed. In the US copper futures for March delivery lost 2.5 cents and traded at $2.587 per pound, compared to $2.612 previous day. Global growth forecast has been cut to 3.5% from 3.8%, causing copper to fall in price, as it is sensitive to economic growth. The red metal lost approximately 10% in 2015 due to the growth situation and weaker demand.

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