Shanghai copper hits 3-week high

Shanghai copper hits 3-week high

Shanghai copper rose to a three-week high and clocked a second straight weekly gain, buoyed by strong import numbers in China and signs that the Sino-US trade deal would be implemented despite the coronavirus disruption. Copper gained 1.2 per cent in Shanghai over the...
Shanghai copper hits 3-week high

Gold falls as investors move toward risk

Gold traders have seen prices ease from the highest point in nearly two weeks as investors grew hopeful about economies reopening after COVID-19 lockdowns. Spot gold fell 0.8 per cent to $US1,704.53 per ounce by 1831 GMT after hitting $US1,722.56, its highest price...
Shanghai copper hits 3-week high

Oil rises 5% on output cuts, demand hopes

Oil producers will be hoping for a third consecutive week of gains as more countries relax lockdowns intended to halt the coronavirus pandemic. Oil prices settled 5 per cent higher on Friday in their second consecutive week of gains as US producers cut production with...
Shanghai copper hits 3-week high

Wall St up as job losses fewer than feared

Major US stock indexes have jumped and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared. All 11 S&P 500 sectors were positive on Friday, led by the beaten-up energy group....
Shanghai copper hits 3-week high

Flat share market expected at open

The Australian share market is expected to open only slightly higher on Monday despite a surge on Friday and a rally on Wall Street. Futures rose just three points, or 0.1 of a per cent, following last week’s close. AAP Capital chief economist Shane Oliver said...