Gold higher on lower dollar ahead of U.S. economic growth data
NEW YORK/LONDON, July 24 (Reuters) – Gold inched higher on Tuesday as the U.S. dollar slipped and market watchers anticipated U.S. economic growth data on Friday. Spot gold gained 0.13 percent at $1,225.70 per ounce by 1:36 p.m. EDT (1736 GMT), while U.S. gold futures for August delivery settled down 10 cents, or 0.01 percent, […]
Threat from Trump trade wars gives fresh purpose to BRICS bloc
JOHANNESBURG, July 24 (Reuters) – As Donald Trump’s tariff salvos threaten global trade wars, leaders from the BRICS bloc – Brazil, Russia, India, China and South Africa – are expected to band together in defence of the multilateralism the United States once championed. The heads of the major emerging nations meet in Johannesburg from Wednesday […]
Rally bei Nickel und Kupfer, China will Wirtschaft stützen
(shareribs.com) London 24.07.2018 – Für Kupfer und Nickel geht es am Dienstag an der London Metal Exchange deutlich aufwärts. Dabei unterstützen die jüngsten Konjunkturdaten, sowie der schwächere Dollar. Der Dollar verliert leicht, wobei die Investoren damit auch auf eine Einschätzung des Internationalen Währungsfonds reagierten, laut der der Dollar als überbewertet gilt. Gleichzeitig wurde mitgeteilt, dass die […]
Norsk Hydro says unclear when will resume full output at Brazil alumina refinery
OSLO, July 24 (Reuters) – Aluminium producer Norsk Hydro said it was unclear when it would resume full production at its Alunorte alumina refinery in Brazil, the world’s largest, as the firm on Tuesday reported second-quarter earnings in line with forecasts. Norway’s Hydro was ordered in February by Brazilian authorities to slash output from Alunorte, […]
London copper rebounds on supply concerns, aluminium dips
SINGAPORE, July 24 (Reuters) – London copper prices bounced back on Tuesday, buoyed by concerns over possible disruptions to supply from the world’s biggest copper mine. Negotiations between workers and management at Chile’s Escondida mine are deadlocked without signs of progress towards an agreement a little more than a week before the current labour contract […]
Aluminium bounces on short-covering after Rusal news
LONDON, July 23 (Reuters) – Aluminium rebounded on Monday as investors bought back bearish positions after a U.S. official raised the prospect of lifting sanctions on Russia’s Rusal. Cancelling sanctions on Rusal, the world’s biggest aluminium producer outside of China, would ease fears of a supply shortage. However, some investors who had placed short positions […]
METALS MORNING VIEW 23/07: Metals prices consolidate after Friday’s rebounds
(MB) Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Monday July 23. Gains were ranged between 0.1% for aluminium and 1.2% for zinc, with copper up by 0.3% at $6,172 per tonne. Volume has been above average with 10,555 lots […]
London copper steady, trade tensions crimp demand outlook
MELBOURNE, July 23 (Reuters) – London copper was steady on Monday, holding above a one-year low hit last week, as concerns simmered that mounting trade tariff spats could dent demand, while a weaker dollar cushioned losses. Fears of a demand hit from the imposition of tariffs on the automotive sector caused copper and aluminium to […]
Hochgradiges Eisenerz könnte auf über 100 USD ansteigen
Hochgradiges Eisenerz könnte auf einen Preis von über 100 USD pro Tonne ansteigen. China verschärft zunehmend seine Umweltschutzaktivitäten und schränkt dadurch die Industrie-Aktivitäten ein. Dies führt vor allem vor allem in Asien dazu, dass vermehrt hochqualitatives Rohstoff-Material gekauft wird. Der Preis für hochqualitatives Erz mit einem Eisenanteil von mehr als 65% stieg und steigt seit […]
Devisen: Euro legt zu
FRANKFURT (dpa-AFX) – Der Kurs des Euro ist am Montag im frühen Handel gestiegen. Die europäische Gemeinschaftswährung wurde am Morgen bei 1,1734 US-Dollar gehandelt und damit etwas höher als am Freitagabend. In der Nacht auf Montag war der Kurs zwischenzeitlich bis auf 1,1750 Dollar geklettert. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Freitag auf […]
