Industrial metals edged higher on Monday

Note: This section contains information in English only.
Source: Dukascopy Bank
Industrial metals, excluding nickel, erased Friday's losses as ongoing decrease of LME inventory level creates a positive foundation for growth in metals' price. On Tuesday copper opened on a positive note as faster than expected economic growth in China eased concerns over potential demand for base metals. Weaker US Dollar after China's data also contributed to copper's gains. However, economists expect a slowdown in the global economy to persist over the next six months that is likely to push industrial metals' prices down.

Actual Topics

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.