Copper hovers around five-month low as fears of inflation, China’s growth fade By anilpanchal7 Copper RiskAppetite Commodities China Markets
derlying catalysts could be linked to no major negatives from macro, neither concerning China nor Russia, as well as the market’s cautious optimism ahead of Wednesday’s key inflation data from the US and China.
On a different page, comments from China’s Vice Premier Liu He who reiterates the country’s dynamic covid zero policy and offers the much-needed relief to the commodity and Antipodean traders. Moving on, copper traders may remain sidelined around the multi-day low amid mixed concerns ahead of the key inflation from China and the US, up for publishing on Wednesday. Should the numbers suggest the need for tightening policies, copper prices may renew downside.Information on these pages contains forward-looking statements that involve risks and uncertainties.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Copper to remain supported above the $10,000 level – ANZAmid depleted inventories and supply-side concerns, economists at ANZ bank expect copper to trade comfortably above the $10,000 mark. Copper price wel
Les mer »
Copper to remain supported above the $10,000 level – ANZAmid depleted inventories and supply-side concerns, economists at ANZ bank expect copper to trade comfortably above the $10,000 mark. Copper price wel
Les mer »
NZD/USD eyes fresh two-year low under 0.6400 amid risk-aversion, China trade data eyedNZD/USD bears attack the multi-month low surrounding 0.6400, tested on Thursday, as the week-start trading fails to push back the sellers. The bearish
Les mer »
10-Year Treasury Yield Hits 3.17% With Inflation and Economic Growth in the SpotlightThe 10-year U.S. Treasury yield hit 3.17% on Monday morning, as investor focus remained on inflation and economic slowdown concerns.
Les mer »
Stocks trim losses as investors eye headwindsStocks dipped on Friday, capping a volatile week in U.S. markets as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth.
Les mer »
China Remains an Outlier in a World of Surging InflationConsumer prices in the world’s second-largest economy have held relatively steady, but China’s experience will be hard to replicate elsewhere.
Les mer »