Copper gains as Trump, data help outlook

Copper gains as Trump, data help outlook

Copper prices rose overnight after US President Donald Trump said a trade deal with China was “fully intact” and stronger-than-expected European and US data bolstered hopes of a rapid economic recovery. Benchmark copper on the London Metal Exchange was up...
Copper gains as Trump, data help outlook

Gold at highest mark since October 2012

Gold prices surged to their highest mark since October 2012 on Tuesday, driven by weakness in the US dollar and widespread monetary stimulus packages by central banks as a jump in coronavirus cases dented the economic outlook. Spot gold climbed 0.7 per cent to...
Copper gains as Trump, data help outlook

Oil slips after highest peak since March

Oil futures slipped overnight as the market braced for reports expected to show swelling US crude inventories, which pulled prices back from the highest levels since before the coronavirus pandemic slammed fuel demand. Prices rose early, after US President Donald...
Copper gains as Trump, data help outlook

Shares to rise early on US economy data

Investors are likely to see slight gains early on the Australian share market after improving economic data helped Wall Street edge higher. The Australian SPI 200 futures contract was higher by 4.0 points, or 0.07 per cent, to 5,929.0 at 0700 AEST on Wednesday. In the...
Copper gains as Trump, data help outlook

Wall St up on signs of economic recovery

Wall Street’s three major indexes have risen as the pace of decline in business activity slowed, bolstering hopes that the worst of the coronavirus crisis was over. The Nasdaq hit a fifth record high this month, with Apple Inc providing the biggest boost after...