Nalco to achieve revenue targets in FY19
Aluminium Insider reported that in an interview with domestic media, National Aluminium Company’s Chairman and Managing Director Dr Tapan Kumar Chand said that his firm expects to achieve the INR 12,000 crore of revenue benchmark in FY 2019, which will help the company start out the following fiscal on a strong footing. Although prices in […]
Gold prices firm as dollar eases on grim U.S. retail sales
Feb 15 (Reuters) – Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve’s “patient” monetary policy approach. FUNDAMENTALS: * Spot gold was little changed at $1,312.82 per ounce at 0009 GMT. It rose 0.5 percent in the previous session in its […]
Copper dips on China factory prices, set for 1st weekly drop in six
BEIJING, Feb 15 (Reuters) – London copper prices slipped on Friday after China’s factory-gate price growth missed expectations and as investors awaited the outcome of Sino-U.S. trade talks in Beijing. China’s producer price inflation slowed for a seventh straight month in January to its weakest pace since September 2016, raising concerns the world’s top copper […]
Kupfer etwas fester – Morgan Stanley sieht erhebliches Potential
(shareribs.com) London 13.02.2019 – Aluminium und Kupfer bewegen sich am Mittwoch nach oben. Dabei sorgen die zurückgekommenen Preise für ein attraktives Einstiegsniveau. Morgan Stanley hat sich zuletzt optimistischer hinsichtlich der Entwicklung bei Kupfer geäußert. Nachdem es in den letzten Tagen in London für die Metallpreise nach unten ging, zeigt sich am Mittwoch eine Stabilisierung. Dabei widerstehen […]
Gold rises on hopes of Fed pause; trade talks in focus
Feb 14 (Reuters) – Gold prices edged higher on Thursday as soft U.S. inflation data raised expectations that the Federal Reserve will pause rate hikes this year, while investors were looking for developments in trade talks between Washington and Beijing. Spot gold was up 0.3 percent at $1,309.38 per ounce, as of 0559 GMT. U.S. […]
Copper prices inch up ahead of China trade data
BEIJING, Feb 14 (Reuters) – London copper prices edged higher for a second session in early Asian trade on Thursday as investors awaited their cue from the latest trade data from top metals consumer China and the Sino-U.S. trade talks in Beijing. China is due to report its copper import and aluminium export numbers for […]
Rohstoffe: Wachstumsunsicherheiten sollten nachlassen
Frankfurt (GodmodeTrader.de) – Noch gibt es keine wirklich richtungsweisenden Impulse für Rohstoffe. Weder die Markttechnik noch die fundamentalen Bedingungen geben eindeutige Signale. Allerdings sprechen antizyklisch sowohl das Makroumfeld als auch die Stimmung der Finanzinvestoren dafür, dass sich die Notierungen eher im Bereich eines Tiefs befinden als vor einer anhaltenden Talfahrt, wie Helaba-Analyst Heinrich Peters im […]
Japan aluminium stocks fall 0.7 pct m/m in January -Marubeni
Feb 13 (Reuters) – Aluminium stocks held at three major Japanese ports at the end of January fell 0.7 percent from the previous month to 314,500 tonnes, Marubeni Corp said on Wednesday. Marubeni collects data from the ports of Yokohama, Nagoya and Osaka.
Gold steady as Sino-U.S. trade hopes drag dollar
Feb 13 (Reuters) – Gold prices held firm on Wednesday as the dollar weakened on hopes of a trade deal between the United States and China, but an improved risk appetite limited gains. FUNDAMENTALS: * Spot gold was steady at $1,311 per ounce, as of 0115 GMT. * U.S. gold futures were mostly unchanged at […]
Copper heads for first gain in five days on trade optimism
BEIJING, Feb 13 (Reuters) – London copper prices rose on Wednesday, on track to snap four consecutive sessions of declines, after U.S. President Donald Trump said he could see the deadline for a trade agreement with top metals consumer China being pushed back. The world’s two biggest economies are currently holding their latest round of […]
