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

Chinese stimulus hope helps copper rise

Copper prices rose as much as 2 per cent overnight as investors looked past a US-China confrontation over Hong Kong to the prospect of Chinese economic stimulus that would improve metals demand. Benchmark copper on the London Metal Exchange (LME) was up 1.4 per cent...
Copper gains on China stimulus hopes

Gold firms on stimulus hope, vaccine doubt

Gold rose overnight amid extensive stimulus measures and uncertainty over a possible coronavirus vaccine, but bullion’s gains were limited as risk appetite improved on hopes of an economic recovery. Spot gold was up 0.3 per cent at $US1,749.29 per ounce by 1805...
Copper gains on China stimulus hopes

US crude gains as stimulus to continue

US crude ended slightly higher overnight, as US Treasury Secretary Steven Mnuchin said he supported extending certain measures intended to bolster the economy, while Brent ended lower on concerns that output cuts might not be sufficient. Oil has rallied for several...
Copper gains on China stimulus hopes

Wall St surges on stimulus, vaccine hopes

Wall Street’s main indexes have surged as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more stimulus to rescue the economy from a deep slowdown. Drugmaker Moderna said its experimental...