Copper hits two-month high on China 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 hits two-month high on China 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 hits two-month high on China 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...
Copper hits two-month high on China hopes

Gold eases amid vaccine hopes

Gold retreated overnight from a more than seven-year high, as stocks and oil surged on optimism surrounding the trial of a potential COVID-19 vaccine. Spot gold fell 0.7 per cent to $US1,728.72 per ounce by 1735 GMT, after hitting its highest value since October 2012...
Copper hits two-month high on China 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...