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Copper prices rise as China moves away from Australia
The price of copper on Friday attempted a new record of two and a half years, while Chinese foundries are in a political dispute with Canberra. Reports that China has unofficially banned imports of Australian copper concentrate have forced the country's refineries,...
Overview Market Close – November 09, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,323.40 -66.78 -0.24% S&P 500 INDEX 3,509.44 -1.01 -0.03% NASDAQ COMPOSITE 11,895.23 +4.30 +0.04% NYSE COMPOSITE INDEX 13,218.67 +19.55 +0.15% S&P/TSX COMPOSITE INDEX 16,282.83 -15.34 -0.09% Europe...
Economic Calendar – Weekly November 9, 2020
Time Zone Event Forecast Previous Sunday, November 8, 2020 19:30 AUD Building Approvals (MoM) (Oct) 1.3% 15.4% 20:45 CNY Chinese Composite PMI 54.5 Monday, November 9, 2020 02:00 EUR German Trade Balance (Sep) 18.2B 15.7B 04:50 EUR German 10-Year Bund Auction...
Stronger Chinese sales keep traders’ steel stocks down
Steel demand throughout China remains stable, a trend highlighted by the prolonged decline in the volume of stocks of five major steel products. New data show that the volume held by traders from 30 October to 5 November decreased by 5.9% per week and was reduced for...