Copper slips for third day as Fed rate hike looms
LONDON, Sept 26 (Reuters) – Copper fell for a third straight session on Wednesday as the dollar firmed ahead of clues on the direction of U.S. interest rates later in the day following an expected hike. Benchmark copper on the London Metal Exchange edged down 0.7 percent to $6,271 per tonne in official open outcry […]
Ford CEO says metals tariffs cost company $1 bln
Sept 26 (Reuters) – Ford Motor Co Chief Executive Officer James Hackett said on Wednesday that metals tariffs are costing the carmaker $1 billion. Hackett, speaking at the Bloomberg business forum conference in New York City, said tariffs were very negative to the company and that most of the supply came from American suppliers. Ford […]
Copper pressured by China property worries after holiday
LONDON, Sept 25 (Reuters) – Copper, zinc and other base metals slid on Tuesday, rattled by more concerns about the economy in top metals consumer China and adjusting after a one-day closure of Chinese markets. Chinese share markets fell on Tuesday, partly driven by a plunge in property firms on worries that a property pre-sale […]
Kupfer verteidigt Gewinne
(shareribs.com) London 24.09.2018 – Kupfer kann seine jüngsten Kursgewinne zum Wochenauftakt verteidigen. Deutlich im Plus liegt derweil der Preis für die Tonne Zink Der schwächere Dollar stützt die Industriemetalle. Kupfer hat in der vergangenen Woche das höchste Niveau seit zehn Wochen erreicht. Diese Entwicklung hat einige Marktteilnehmer dazu animiert, auch weiterhin am Markt zu bleiben und […]
Gold slips as dollar gains after strong U.S. jobs data
NEW YORK/LONDON, Sept 7 (Reuters) – Gold fell on Friday as the dollar resumed its rally versus a currency basket after stronger-than-expected payrolls data cemented expectations that the Federal Reserve will raise interest rates in September, in what would be its third hike this year. A stronger dollar makes dollar-priced gold costlier for non-U.S. investors. […]
Copper down 1.5 pct as U.S.-China trade war raises demand concerns
SINGAPORE, Sept 25 (Reuters) – London copper prices lost more ground on Tuesday with the market dropping 1.5 percent as an intensifying trade war between Washington and Beijing raised concerns over demand for industrial metals in top consumer China. Asia stocks struggled on Tuesday as a fresh round of U.S.-China tariffs and a surge in […]
METALS MORNING VIEW 24/09: Metals prices shake off early weakness
(MB) Three-month base metals prices on the London Metal Exchange were initially unchanged to weaker on the morning of Monday September 24, with prices down by an average of 0.5%. Trading had been quiet with Chinese and Japanese markets closed for holidays, but prices firmed after European trading picked up. Nickel led the decline with […]
Angebotsüberhang und Exportgeschäft ziehen Stahlschrottpreise nach unten
(Euwid) Die Stahlwerke konnten in den Septemberverhandlungen mit den Schrotthändlern teils deutliche Preisabschläge heraushandeln. „Sie saßen am längeren Hebel“, kommentierte ein Händler gegenüber EUWID. Nach den Sommermonaten, in denen die Stahlwerke die Arbeit in der Regel ein bis drei Wochen, in Italien auch den kompletten August ruhen ließen, waren bei den Schrottbetrieben große Mengen Material […]
London copper slips from 10-week top on trade uncertainty
MELBOURNE, Sept 24 (Reuters) – London copper eased on Monday as buying was thinned by holidays in China and Japan and fresh jitters on global trade, a session after it notched up its biggest one-day advance in more than five years. Trade war worries had eased last week on expectations that any impact to global […]
Devisen: Eurokurs kaum verändert
FRANKFURT (dpa-AFX) – Der Euro ist am Montag mit wenig Bewegung in die neue Woche gestartet. Am Morgen wurde die Gemeinschaftswährung bei 1,1742 US-Dollar gehandelt und damit etwa zum gleichen Kurs wie am Freitagabend. Die Europäische Zentralbank (EZB) hat den Referenzkurs zuletzt am Freitagnachmittag auf 1,1759 Dollar festgesetzt. Am Morgen hat der Handelskonflikt zwischen den […]
