Copper rallies as bailout leaves uncertain future for US dollar

Market News

Copper Investing News reports copper rallies to a week’s high despite market turmoil and the uncertainty in US dollar. Further positive sentiment was extended as stocks fell in Asian warehouses, suggesting a pick-up of demand in China. Extra impetus to copper came as oil rose above US$106 a barrel on Monday. For complete story, click this link. …

Copper Investing News reports copper rallies to a week’s high despite market turmoil and the uncertainty in US dollar.

Further positive sentiment was extended as stocks fell in Asian warehouses, suggesting a pick-up of demand in China. Extra impetus to copper came as oil rose above US$106 a barrel on Monday.

For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

The Conversation (0)
×