Copper gains on China stimulus hopes

Copper gains on China stimulus hopes

Expectations of economic stimulus from top consumer China has spurred buying of copper, while mounting US-China tensions capped the upside. US President Donald Trump on Friday said his administration will begin to eliminate special treatment for Hong Kong in response...
Copper gains on China stimulus hopes

S&P 500 tops 3000 on hopes for economy

US stocks have jumped and the S&P 500 has breached 3000 points as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-US tensions. The benchmark index traded above the key psychological level...
Copper gains on China stimulus hopes

Copper hits two-month high on China hopes

Copper prices hit a two-month high overnight ahead of a Chinese government meeting this week expected to boost demand with pledges of higher spending on infrastructure, and on hopes for a global economic recovery. The Chinese government typically announces new plans...
Copper gains on China stimulus hopes

ASX to edge higher on recovery hopes

Investors are likely to see gains in early trading on the Australian share market and will be hoping the main indexes can finish higher for a fifth consecutive day. The SPI 200 futures contract was higher by 36 points, or 0.65 per cent, to 5,064.0 at 0700 AEST on...
Copper gains on China stimulus hopes

Asia shares, oil rally on vaccine hopes

Asian shares have jumped and oil has extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. MSCI’s broadest index of Asia Pacific shares...