Copper futures soared after Greek bailout deal

Source: Forexpros
Copper futures advanced on Tuesday following the announcement of the approved Greek bailout deal. The improved situation stimulated the risk appetite among traders thus boosting demand for industry metals. COMEX copper March contract traded at 3.791 US Dollars per pound at the early European trade, on the New York Mercantile Exchange, gaining 2.22%.



Back to articles

Actual Topics

Tue, 21 Feb 2012 14:44:44 GMT

Home Depot net profit adds 32% in fourth quarter

Home improvement retailer Home Depot reported its profit jumped 32% in fourth quarter, mainly due to higher net sales which climbed 5.9%. Sales at identical stores added 5.7% reported Home Depot on Tuesday. In total company earned USD 774 million or USD 0.5 per share. The profit outperformed analyst estimations of profit USD 0.42 a share. 

Tue, 21 Feb 2012 14:23:24 GMT

UK's public net borrowing showed surplus in January

UK's public sector net borrowing fell much more than initially projected in January, reported the UK National Statistics Office. The indicator swung to surplus of 10.7 billion British Pounds last month after showing 11.1 billion British Pounds deficit in December. Experts predicted the net borrowing to indicate 1 billion British Pounds surplus in January.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.