Copper lower on fiscal cliff woes

Note: This section contains information in English only.
Source: Forexpros
On Wednesday, copper was decreasing during European morning trading hours, as the market sentiment was determined by an upcoming fiscal cliff concerns. On the Comex, March delivery futures for the metal were traded at $3.543 per pound, which was a 0.2% daily gain. Earlier, prices hit a session low of $3.552.
Back to articles

Actual Topics

Wed, 28 Nov 2012 13:43:17 GMT

Treasuries gain after fiscal cliff talks

On Wednesday, treasuries were traded higher, extending a 3-day long streak of gains, on speculations that fiscal cliff talks are making little progress, which increased demand for safer assets. The yield on benchmark 10-year government bonds declined by 2 basis points a reached a level of 1.62% by 6:24 a.m. New York time.

Wed, 28 Nov 2012 13:21:16 GMT

Retail sales in Spain drop

The statistical office of Spain revealed on Wednesday that the country's retail sales continued to decrease last month. Year over year, Spanish retail sales declined by 9.7% compared to a 11% fall in the preceding month. Economists' forecast, however, was that sales would experience a 9.4% decrease.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.