Copper scores one-week high as U.S. says China trade war on hold

LONDON, May 21 (Reuters) – Copper rose to a one-week high on Monday as fears over a U.S.-China trade war eased, countering the impact of a rising dollar, while nickel came under pressure from falling ferrous metals prices in China. The dollar hit a five-month high versus a currency basket, making dollar-priced metals costlier for […]

Korea’s aluminium imports from Australia fall but Chinese ali product shipments grow

(MB) South Korea’s imports of Australian primary aluminium have fallen so far this year, but the shipments of aluminium flat products from China into South Korea have risen, the latest trade data from the latter showed. South Korea imported 344,507 tonnes of primary aluminium in January-April, down 15.5% year on year, according to data from […]

Gold hits 2018 low as trade comments lift stocks

LONDON, May 21 (Reuters) – Gold marked a new low for the year on Monday after U.S. Treasury Secretary Steven Mnuchin’s declaration that a trade war between China and the United States was „on hold“ helped boost appetite for higher risk assets such as stocks and the dollar. Buoyancy in U.S. Treasury yields also weighed […]

Copper scores one-week high as U.S. says China trade war „on hold“

LONDON, May 21 (Reuters) – Copper rose to a one-week high on Monday as fears over a U.S.-China trade war eased, countering the impact of a rising dollar, while nickel came under pressure from falling ferrous metals prices in China. The dollar hit a five-month high versus a currency basket, making dollar-priced metals costlier for […]

Devisen: Euro stabil bei 1,18 Dollar

FRANKFURT (dpa-AFX) – Der Euro hat sich am Freitag an der Marke von 1,18 US-Dollar stabilisiert. Am Morgen kostete die Gemeinschaftswährung 1,1807 US-Dollar und damit in etwa so viel wie am Vorabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Donnerstagnachmittag auf 1,1805 Dollar festgesetzt. Am Markt war die Rede von einem ruhig verlaufenden frühen […]

Aluminium verliert, Nickel fest

(shareribs.com) London – Für Aluminium geht es an der London Metal Exchange erneut abwärts. Nickel zeigt sich derweil deutlich fester, allerdings könnte hier vorerst das Ende der Fahnenstange erreicht sein. Auch am Donnerstag bewegte sich der Dollar wieder nach oben und belastet damit die Metallmärkte. Während sich die Ölpreise bislang von der Verteuerung des Greenback emanzipieren […]

U.S.-China trade talks to continue on Friday

WASHINGTON, May 17 (Reuters) – U.S. and Chinese officials seeking to bridge a divide on trade issues held talks on Thursday, which included a meeting with President Donald Trump, and those discussions will continue on Friday, the White House said in a statement. U.S. officials conveyed to the Chinese delegation Trump’s “clear goal for a […]

Aluminium drops for third session on rising stockpiles

MANILA, May 18 (Reuters) – London aluminium futures slipped for a third straight session on Friday as inventories increased, easing worries over a supply shortage in the aftermath of U.S. sanctions on major Russian producer Rusal. On-warrant aluminium stocks in warehouses certified by the London Metal Exchange – inventories that are not earmarked for delivery […]

Rohöl Brent: Höchster Stand seit 2014

Washington (GodmodeTarder.de) – Die Ölpreise setzen auch am Donnerstag ihre jüngste Rallye fort, wobei Rohöl der Nordseesorte Brent bei 79,465 US-Dollar je Barrel den höchsten Stand seit Juli 2014 erreicht hat. Ein Fass der US-Sorte West Texas Intermediate (WTI) notierte in der Spitze bislang bei 71,84 US-Dollar, womit der am Dienstag verzeichnete Höchststand seit 2014 […]

Metals entering new longer, shallower bull cycle as inflation turns

HONG KONG May 17 (Reuters) – Metals markets are moving into a new bull cycle that will be longer and shallower than the last, driven by rising inflation and dispersed demand growth, panelists said at the LME week Asia conference in Hong Kong. A broad-based pick up in global economic growth has pushed up energy […]

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