Copper hits 3-1/2 month low, China data reinforces demand angst
LONDON, Jan 2 (Reuters) – Copper prices hit 3-1/2 month lows on Wednesday as worries about economic and demand growth in top consumer China were reinforced by manufacturing data. Benchmark copper on the London Metal Exchange ended 2.1 percent down at $5,842 a tonne, having touched its lowest since Sept. 11 at $5,831. Prices of […]
Darum starten DAX und Co. so vorsichtig ins neue Jahr
Nach der Erholung am letzten Handelstag des Jahres 2018 ist der DAX am Mittwoch mit Verlusten in das neue Jahr gestartet: In der ersten Handelsstunde rutschte der deutsche Leitindex sogar unter die Marke von 10.400 Punkten. Im Vergleich zum Jahresende 2018 war das ein Minus von 1,6 Prozent. Am vergangenen Donnerstag war er mit 10.279 […]
Copper loses more ground on China’s economic growth worries
SINGAPORE, Jan 2 (Reuters) – Copper slid for a second session on Wednesday as the market kicked off 2019 trading amid concerns over growth in top metals consumer China as the latest data showed slowing factory activity. Asian shares turned tail on the first trading day of the new year as more disappointing economic data […]
LIVE FUTURES REPORT 02/01: Disappointing Chinese data sinks most SHFE base metals
(MB) Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Wednesday January 2, the first trading day of the new year, after disappointing Chinese data provided further evidence of slowing growth in the world’s second-largest economy. In Chinese data released earlier on Wednesday, the country’s Caixin manufacturing purchasing […]
Copper loses more ground on China’s economic growth worries
SINGAPORE, Jan 2 (Reuters) – Copper slid for a second session on Wednesday as the market kicked off 2019 trading amid concerns over growth in top metals consumer China as the latest data showed slowing factory activity. Asian shares turned tail on the first trading day of the new year as more disappointing economic data […]
GUTEN RUTSCH INS NEUE JAHR!
Gold hits six-month peak but heads for first annual drop since 2015
BENGALURU, Dec 31 (Reuters) – Gold scaled a six-month peak on Monday but was poised for its first annual decline since 2015 after losing out this year to dollar strength linked to the Sino-U.S. trade conflict and rising interest rates. Spot gold rose 0.2 percent to $1,284.09 an ounce at 1129 GMT, with a dip […]
LME confirms it will end suspension on Rusal metal if sanctions lifted
LONDON, Dec 31 (Reuters) – The London Metal Exchange (LME) confirmed on Monday it would lift its suspension on aluminium produced by Russia’s Rusal if U.S. sanctions are lifted, saying a consultation with users had not raised any objections to the plan. The LME proposed removing its block on Rusal metal on Dec. 19, after […]
China refined zinc imports surge 41pct in Nov
SMM reported that China’s imports of refined zinc jumped 40.9% from October to stand at 113,500 tonne in November. This is 7.6% lower than November 2017, according to the latest data from China Customs, in January to November, imports gained 8% on the year and came in at 621,600 tonne. Australia led the list of […]
Remondis erwartet höheren Gewinn für 2018
Deutschlands größter Entsorger rechnet im zu Ende gehenden Geschäftsjahr 2018 mit einem deutlich gestiegenen Konzernjahresüberschuss. Die Ertragslage lasse bei Remondis ein Rohergebnis merklich oberhalb und ein EBITDA leicht oberhalb des in 2017 erreichten Niveaus erwarten, heißt es im kürzlich veröffentlichten Jahresbericht der Remondis-Mutter Rethmann. Da wesentliche außergewöhnliche Abschreibungen, wie im Jahr 2017, für Jahr 2018 […]
