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Copper Jumps to Five-Week High on European Manufacturing
Jul. 24, 2013 05:42AM PST
Base Metals Investing Bloomberg reported that copper rose to a five-week high in New York on Wednesday, pushed ahead by better than expected data out of the European manufacturing sector.
Bloomberg reported that copper rose to a five-week high in New York on Wednesday, pushed ahead by better than expected data out of the European manufacturing sector.
As quoted in the market report:
Prices are slightly firmer after the often-neglected euro zone displayed some manufacturing growth, led by Germany,” Michael Turek, a senior director at Newedge Group SA in New York, said by e-mail. “This tended to more than offset the disappointing data out of China.
