Zinc surges to 10-year peak as base metals rally
LONDON, Jan 15 (Reuters) – Zinc hit another 10-year high on Monday as base metals rallied across the board on the back of a faltering dollar, with expectations that the European Central Bank may start trimming its stimulus programme lifting the euro to a three-year peak. The dollar’s consequent weakness made assets priced in the […]
METALS MORNING VIEW 15/01
(MB) Base metals prices on the London Metal Exchange are stronger across the board this morning, Monday January 15, with the complex up by an average of 1.2%. Copper ($7,248 per tonne) and nickel ($12,905 per tonne) lead the advance with rises of 1.9%, while tin lags behind with a 0.1% gain to $20,300 per […]
Gold hits over 4-mth high as dollar index slumps to 3-yr lows
Jan 15 (Reuters) – Gold prices touched their highest in more than four months on Monday, buoyed by a weaker U.S. dollar, which slumped to three-year lows against a basket of currencies. Spot gold was up 0.3 percent at $1,342.50 an ounce by 0718 GMT after touching its strongest since Sept. 8 at $1,344.44. Spot […]
Devisen: Euro zieht weiter an und steigt deutlich über Marke von 1,22 Dollar
SINGAPUR/FRANKFURT (dpa-AFX) – Der Höhenflug des Euro hält weiter an. Der Kurs der europäischen Gemeinschaftswährung kletterte im frühen Handel am Montagmorgen bis auf 1,2240 Dollar und damit den höchsten Stand seit Ende 2014. Der Euro war bereits am späten Freitagabend über die Marke von 1,22 Dollar gestiegen. Am frühen Nachmittag hatte die Europäische Zentralbank (EZB) […]
LME metals climb as dollar plunges to 3-year low
MELBOURNE, Jan 15 (Reuters) – Base metals on the London Metal Exchange climbed on Monday, buoyed as the U.S. dollar came under pressure from expectations the European Central Bank may soon start trimming monetary stimulus. The U.S. dollar wallowed at three-year lows against a basket of currencies, while the euro took a breather after soaring […]
Philippine nickel ore exports down on bad weather
SHANGHAI, Jan 11 (SMM)－ The decline in nickel ore shipments to China from the Philippines was mainly due to bad weather in Tawi-Tawi while the impact of environmental protection issues in Zambales was rather small. News reports suggested that four nickel ore miners in Zambales were involved in local environmental disputes and shipments from the […]
U.S. finds China aluminum sheet metal imports hurt American producers
WASHINGTON, Jan 12 (Reuters) – The U.S. International Trade Commission on Friday said in an initial finding that imports of aluminum alloy sheet metal from China harm U.S. producers, allowing a U.S. probe into whether the product was being dumped or subsidized to move forward. Employing a seldom-used tactic aimed at speeding up the imposition […]
Zinc touches new decade peak on tight market
LONDON, Jan 12 (Reuters) – Zinc prices edged up to their highest in more than a decade on Friday, supported by potential shortages and low inventories, but some investors voiced concern about the lofty levels. Benchmark zinc on the London Metal Exchange rose to $3,409 a tonne, the strongest since August 2007, and was up […]
Dollarschwäche treibt Goldpreis
(shareribs.com) London 12.01.18 – Der Goldpreis kann sich weiter nach oben bewegen, während der Dollar abrutscht. Auf Wochensicht bleibt der Kursgewinn allerdings relativ gering, Silber dürfte leicht verlieren. Gold hat am Freitag wieder ein Vier-Monatshoch erreicht, unterstützt vom schwächeren US-Dollar. Gleichzeitig kletterte der Euro gegenüber dem Greenback auf das höchste Niveau seit drei Jahren, wobei sich […]
Aluminium und Nickel fest, Kupfer verliert
(shareribs.com) London 12.01.18 – Die Industriemetalle zeigen sich am Freitag teils deutlich fester. Vor allem Aluminium kann deutlich zulegen. Nickel verbessert sich ebenfalls, während es für Blei und Zink nach unten geht. Im Fokus des Interesses stand heute unter anderem Zink welches wieder auf das höchste Niveau seit zehn Jahren geklettert ist. Die Preise werden unterstützt […]
