Copper drops on excessive supply concern

Note: This section contains information in English only.
Source: Bloomberg
Copper declined for the first time in five sessions, the longest gain since December, amid concern that supply of the copper might exceed demand. Goldman Sachs Group announced that global surplus of the metal might double in two years. Copper for settlement in three month lost 1.4% to $6,953 per ton at 11:06 a.m. on the London Metal Exchange.
Back to articles

Actual Topics

Thu, 25 Jul 2013 12:58:05 GMT

Yen rises as falling stocks push safety demand

Japanese Yen advanced against almost all of it 16 major trading partners and falling European and Asian equities push demand for safer assets. The currency appreciated 0.4% yo 99.6 per greenback as of 6:45 a.m. In New York, while versus the common currency, it added 0.5% to 131.75 which was the first gain in three days. The MSCI Asia Pacific

Thu, 25 Jul 2013 12:34:05 GMT

Stocks retreat on earnings; commodities drop as well

Stock prices dropped in Asia and Europe as investors weighted worse-than-expected earnings data from Orange SA, Michelin & Cie and BASF SE. The MSCI world's equity index slid 0.6% to 373.56, while the Standard & Poor's 500 futures decreased 0.6% as well. The Stoxx Europe 600 Index slipped 1%. Crude oil prices and copper lost 0.9% and 1.5% respectively.

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.