Copper advances to 3-week high on expectation for monetary stimulus

Note: This section contains information in English only.
Source: Bloomberg
Copper reached highest level in three weeks amid speculation the Federal Reserves and the People's Bank of China will continue monetary expansion. Copper futures for September settlement advanced 2.3% to $3.161 per pound as of 11:10 a.m. on the Comex in New York as China and the U.S., the largest metal consumers in the globe, maintain dovish stance.
Back to articles

Actual Topics

Fri, 12 Jul 2013 06:43:05 GMT

Rupee heading for a weekly gain

The Indian Rupee is poised for the first weekly increase since May as authorities are trying to reduce speculation and expand Dollar supply. The currency was also helped by the Fed's and BoJ's indication of continued monetary stimulus. The Rupee has jumped 0.6% to 59.89 per U.S. Dollar so far this week, while it slid 0.3% today.

Thu, 11 Jul 2013 15:11:05 GMT

UK bond spreads decline on promising outlook and Fed's stimulus

Spreads on UK 10-year gilts declined 1.41% to 2.383 as of 13:25 p.m. GMT, reflecting the International Monetary Fund's improved outlook for the economy, and the Fed Chairman's announcement to continue quantitative easing programme. Moody's upgraded the UK banking system from negative grade to stable.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.