Metals tumble on Trump threats, dire data

Metals tumble on Trump threats, dire data

US President Donald Trump’s threat of new tariffs on China and bleak economic data has forced the price of copper and other base metals down. Benchmark copper on the London Metal Exchange (LME) was down 1.6 per cent at $US5,108 a tonne on Friday and on track for...
Metals tumble on Trump threats, dire data

Japanese stocks tumble on lockdown fears

Japanese shares have plummeted on the first day of the new fiscal year as investors braced for a lockdown of Tokyo, a global recession, and sharp cuts in corporate earnings and dividend payouts due to the coronavirus pandemic. The benchmark Nikkei average fell 4.5 per...
Metals tumble on Trump threats, dire data

Oil prices tumble to lowest since 2002

Global oil benchmark Brent crude plunged to its cheapest in almost 18 years overnight and US crude briefly tumbled below $US20 per barrel on growing fears the global coronavirus shutdown could last months and demand for fuel will decline further. With Saudi Arabia and...