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After one of the world’s top copper producers recently hit a financial crunch, the Biden administration started huddling with potential investors about taking a stake in the company’s Zambian ...
Copper fell below $10,000 a metric ton as traders weighed a sharp rise in global inventories and soft US job openings data that reinforced bets that the Federal Reserve will be able to cut ...
2-Year U.S. Treasury Note Continuous Contract $102.168-0.020-0.02% 5-Year U.S. Treasury Note Continuous Contract $106.719-0.023-0.02% 10-Year U.S. Treasury Note Continuous Contract $110.266-0.031 ...
Copper climbed above $10,000 a ton as predictions for tighter global supplies and rising consumption in electric vehicles and power grids countered signs of demand destruction in top user China.
The rise in gold and copper futures Friday to their highest settlements on record and silver’s rally to an 11-year high share a common theme: recent weakness in the U.S. dollar. But that’s not ...
Copper futures climbed for a fifth straight day, notching a new record high. A benchmark contract for the metal traded in New York reached above $5 a pound, before paring some gains. It has jumped ...
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Copper helps carry the world’s data — and the hopes of some inflation-wary investors. The red metal ...
LONDON, May 17 (Reuters) - The copper rally turned ugly this week, morphing into a ferocious short squeeze on the U.S. contract operated by CME Group (CME.O) , opens new tab. CME cash copper hit a ...
Copper prices have been soaring since the beginning of this year, rising by 29% year-to-date. Copper futures at COMEX traded at $5 per pound as of 15 May, marking the highest level since March ...