Shanghai copper slips for second day

Shanghai copper slips for second day

Shanghai copper prices fell for a second day, as investors focused on tensions between the United States and top metals consumer China, whose annual parliament meeting continues this week, and as supply constraints eased. While copper stocks in Shanghai Futures...
Shanghai copper slips for second day

Gold prices dip on profit-taking

Gold eased overnight in holiday-thinned trade as some investors took profits, though lingering US-China tensions and extensive stimulus measures by governments worldwide limited decline. Spot gold fell 0.3 per cent to $US1,728.55 per ounce by 1758 GMT. US gold futures...
Shanghai copper slips for second day

Oil steadies amid demand concerns

Oil prices edged up overnight in sluggish trading with holidays in Singapore, London and New York, as rising concerns over demand recovery offset supply cuts. Brent rose to $US35.81 a barrel by 1659 GMT, while US oil was flat at $US33.74 a barrel. Both are down around...
Shanghai copper slips for second day

ASX to rise after good signs from Europe

Shares appear set to rise in early trade on the ASX after business confidence improved in Europe and restrictions are eased in Japan and Spain. The SPI 200 futures contract was higher by 47 points, or 0.84 per cent, to 5,673.0 at 0700 AEST on Tuesday, indicating a...
Shanghai copper slips for second day

Mining explorers ‘to struggle for funding’

Australian firms exploring for minerals and not yet involved in production are likely to struggle to raise financing for most of this year, after funding in the March quarter hit a four-year low, BDO says. The advisory firm’s report, which analyses regulatory...