Copper inches higher on Europe stimulus

Copper prices rose overnight towards 2-1/2 month highs reached in the previous session as the European Central Bank and German government announced big stimulus packages and US data showed unemployment growth slowing sharply. Benchmark copper on the London Metal...

Rally pauses ahead of ECB stimulus plan

The rapid rally in world markets has finally paused for breath, as traders waited to hear how much more stimulus the European Central Bank plans to shovel out to address the coronavirus slump. The ECB is expected to pump in another 250-500 billion euros for the cause,...

Asian stocks set to gain on stimulus hopes

Asian stocks are poised to follow the global rally as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other worries from the coronavirus to Hong Kong and growing US civil unrest. E-mini futures for the S&P 500 were up 0.3 per...

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...

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...