Copper in New York set for largest weekly fall in 16 months

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Source: Bloomberg
Copper traded in New York dropped on Thursday heading for the largest weekly drop in a 16-month period amid speculations that demand in the world's largest consumers of the metal, U.S. and China will be reduced by rising inventories of the metal. July Copper futures fell by 1.6% to $3,167 a pound on the New York's Comex set for the weekly drop of 5.5%.

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Mon, 22 Apr 2013 05:17:04 GMT

Asian currencies head for biggest weekly drop in 7 months

Asian currencies set for the biggest weekly increase in a seven-month period on Thursday after Japan's monetary stimulus program fuelled inflows into the region's assets and as the People's Bank of China decided to widen the Yuan's trading brand. The JPMorgan Asia Dollar Index has increased by 0.5% to 117.98 this week at 4:22 p.m. Hong Kong time.

Fri, 19 Apr 2013 18:28:03 GMT

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