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Copper Futures Head for Biggest Two-Day Rally Since March 2009
Oct. 24, 2011 12:47PM PST
Base Metals Investing Business Week reported that copper surged to a biggest two-day rally since March 2009 after European leaders moved closer to resolving its debt crisis and manufacturing expanded in China.
Business Week reported that copper surged to a biggest two-day rally since March 2009 after European leaders moved closer to resolving its debt crisis and manufacturing expanded in China.
As quoted in the market news:
European leaders outlined plans to aid banks and ruled out borrowing unlimited amounts from the European Central Bank to boost a rescue fund. Chinese manufacturing may expand in October, ending the longest contraction since 2009, according to a preliminary purchasing managers’ index.