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As on Jun 25, 2019 12:00 AM Your results on : End Session    
COMEX Copper Soars 1%, Supply Concerns Dominate Sentiments
25-Jun-2019 (18:15)

COMEX Copper edges up near one month high on supply worries as workers of Chile’s Codelco rejected the company’s offer during the weekend. Workers at Chuquicamata, one of the world’s biggest copper mines, have been on strike since mid-June to demand better healthcare and retirement benefits, hurting output of state-run Codelco, the world’s leading copper producer. COMEX Copper was oblivious to the muted moves in global equities and currently trades at $2.73 per pound, up around 1% on the day. MCX Copper futures are trading at Rs 418.70 per kg, up 0.92% on the day after testing a high of Rs 419.20 per kg.

Meanwhile, the US economy is in the longest expansion in recorded history. Unemployment is at levels not seen since the late 1960s, and economic activity is growing above potential, aided by a fiscal stimulus and supportive financial conditions, the Executive Board of the International Monetary Fund (IMF) noted after the Article IV consultation with the United States. However, the US public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.

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25-Jun-2019 (17:52)
Gold Lingers Well Above $1400 Per Ounce, US Dollar Stays Weak
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Weekly Silver Review: COMEX Futures Spike Near Three Month High
22-Jun-2019 (14:35)
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22-Jun-2019 (14:27)
Weekly Gold Review: COMEX Futures Break Above $1400, Central Banks In Focus
22-Jun-2019 (14:25)
Weekly Copper Review: COMEX Futures Hit Three Week Top
22-Jun-2019 (14:22)
Gold Steadies Around $1400 Per Ounce Mark
21-Jun-2019 (17:44)
MCX Crude Sustains Gains Above Rs 4K
21-Jun-2019 (17:13)
Economic Buzz: Eurozone Construction Output Falls Most In 3 Months In April
19-Jun-2019 (19:07)
Crude Off Three Week Top, Markets Focus On EIA And Fed
19-Jun-2019 (18:05)
Economic Buzz: China Industrial Production Advances 5% On Year In May
14-Jun-2019 (17:31)
Economic Buzz: India Wholesale Price Inflation Slows For Second Month In May
14-Jun-2019 (17:22)
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