Copper higher after trial of virus drug

Copper higher after trial of virus drug

Copper prices rose overnight as risk appetite gained the upper hand in financial markets after promising trials of a COVID-19 treatment and strong US economic data. The World Health Organisation moved to update guidelines regarding a cheap, common steroid that can...
Copper higher after trial of virus drug

Gold holds on virus concerns, Fed outlook

Gold prices were little changed overnight, buoyed by concerns over a second coronavirus wave and expectations that the US Federal Reserve would maintain low interest rates in the near term, while a firm dollar put a lid on gains. Spot gold was little changed at...
Copper higher after trial of virus drug

Oil slides on fresh virus outbreaks

Oil prices settled lower overnight on fuel demand worries due to an uptick in coronavirus cases, with emerging hotspots in China and the United States, and as US crude stocks grew again, taking commercial inventories to another all-time high. Brent crude settled down...
Copper higher after trial of virus drug

Shares to slip early on virus rise in US

Shares are expected to fall in early trade on the ASX after rising coronavirus cases in parts of the US and China caused major markets to drop. The Australian SPI 200 futures contract was lower by 36 points, or 0.60 per cent, to 5,972.0 at 0700 AEST on Thursday,...
Copper higher after trial of virus drug

US shares flat after three-day rally

The S&P 500 and the Dow have opened largely flat as a record rise in coronavirus cases in six US states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn. Arizona, Florida and Oklahoma were among the...