Copper drags on virus resurgence fears

Copper drags on virus resurgence fears

Copper prices eased overnight on fears of a second wave of coronavirus infections in top metals consumer China and in South Korea. New infections have been reported in the last two weeks in Chinese cities including Wuhan, the epicentre of the first wave, and in South...
Copper drags on virus resurgence fears

Stocks fall on renewed virus fears

Stocks and oil prices have fallen as fears about a second wave of coronavirus infections gripped financial markets. Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have also had to contend with renewed...
Copper drags on virus resurgence fears

Aluminium slides after virus cases emerge

Aluminium slipped along with other industrial metals overnight on worries about demand as new COVID-19 cases emerged in China and more data showed how global economies have been battered by the pandemic. Chinese health authorities called for vigilance on Tuesday after...
Copper drags on virus resurgence fears

Asian stocks skid on virus resurgence fear

Asian shares have skidded on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. The central Chinese city of Wuhan reported five new cases on...
Copper drags on virus resurgence fears

Oil falls on fears of second virus wave

Oil prices fell overnight as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia tempered worries about oversupply and limited price losses. Brent crude futures lost $US1.37, or 4.4 per cent, to settle at $US29.60 a...