Copper prices increase amid China's positive outlook

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Worldwide copper prices advanced on Wednesday, as China's economy continues to recover. China is the biggest importer of copper, thus the rise of prices is predictable. According to overall outlooks, Chinese economy can add 7.6% this year, up from previous forecast of 7.5%. Copper prices in London surged today 0.4% to $7,201 per metric ton, while the forecast is in favor of increasing prices.
Back to articles

Actual Topics

Wed, 11 Sep 2013 12:48:03 GMT

Manufacturing sector expands in South Africa

The manufacturing industry in South Africa surged 5.4% in July of this year, while the factory output added 0.5%. Economists expected the output to advance 1.6%. Manufacturing progress can be explained by the shrinking exchange rate of the rand, which boosted exporters' revenues. This year the national currency of South Africa has already lost 15% against U.S. dollar.

Wed, 11 Sep 2013 13:31:04 GMT

Sweden faces record mortgage debt

Swedish analysts point out that it is necessary for Swedes to amortize household mortgages to protect themselves from increasing debt amounts. Housing prices have already doubled since the beginning of the century and now it takes on average 140 years to fully repay a mortgage. Moreover, only 40% of borrowers for a house purchase in Sweden are able to pay

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.