Copper eases after China imports drop y/y
BEIJING, Dec 10 (Reuters) – Copper eased in London and Shanghai on Monday, as customs data released over the weekend showed a 3 percent year-on-year drop in unwrought copper imports by top consumer China, and Sino-U.S. trade tensions continued to weigh on prices. Imports came in at 456,000 tonnes in November, down from 470,000 tonnes […]
Metals tumble as arrest of Huawei executive revives trade fears
LONDON, Dec 6 (Reuters) – Industrial metals prices fell on Thursday and copper hit a three-week low after the arrest of a top Chinese executive in Canada dampened hopes for resolution to the U.S.-China trade conflict. The arrest of tech giant Huawei’s finance chief for extradition to the United States cast doubt over a 90-day […]
Neue Sorgen um Handel – Kupfer und Alu sacken ab
(shareribs.com) London 06.12.2018 – Die Metallpreise bewegen sich in London am Donnerstag wieder deutlich nach unten. Die Festnahme einer Huawei-Managerin könnte die jüngste Entspannung zwischen China und den USA zunichtemachen. Die Märkte befinden sich weiterhin in einer angespannten Situation. Auf den anfänglichen Optimismus nach dem G20-Gipfel macht sich zunehmend Ernüchterung breit, da wenig Substantielles entschieden wurde. […]
Newmont says 2019 gold production at mid-point of previous forecast
Dec 6 (Reuters) – Newmont Mining Corp on Thursday updated its five-year production outlook and said it expects gold production for 2019 to be in the midpoint of its previous forecast. The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million […]
Metals tumble as arrest of Huawei executive revives trade fears
LONDON, Dec 6 (Reuters) – Industrial metals prices fell on Thursday and copper hit a three-week low after the arrest of a top Chinese executive in Canada dampened hopes for resolution to the U.S.-China trade conflict. The arrest of tech giant Huawei’s finance chief for extradition to the United States cast doubt over a 90-day […]
Gold declines on profit-taking, firm dollar
BENGALURU, Dec 6 – Gold prices edged lower on Thursday in range-bound trade as investors booked profits and the dollar strengthened, while palladium fell from a record high hit in the previous session. Spot gold fell 0.2 percent to $1,235.57 per ounce at 0823 GMT, while U.S. gold futures were 0.1 percent lower at $1,240.8 […]
Euro bewegt sich wenig
FRANKFURT (dpa-AFX) – Der Euro hat sich am Donnerstag im frühen Handel kaum von der Stelle bewegt. Am Morgen kostete die Gemeinschaftswährung 1,1340 US-Dollar und damit in etwa so viel wie am Vorabend. Starke Impulse blieben zunächst aus. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Mittwochnachmittag auf 1,1354 Dollar festgesetzt. Am Donnerstag dürften die […]
Wie Donald Trump die OPEC das Fürchten lehrt
Auf dem heutigen Treffen in Wien muss die OPEC ihre Handlungsfähigkeit beweisen. Das Kartell steht unter Druck, seine Macht schwindet von Tag zu Tag. Daran ist Donald Trump nicht ganz unschuldig. Es ist ein Kurssturz, der seinesgleichen sucht: Zahlte man Anfang Oktober noch mehr als 86 Dollar für ein Barrel (159 Liter) der Rohölsorte Brent, […]
Shanghai copper drops for fourth day as trade worries persist
BEIJING, Dec 6 (Reuters) – Prices of non-ferrous metals extended losses on Thursday, as worries over weak demand caused by Sino-U.S. trade tensions persisted. China and the United States agreed to a truce in their months-long trade war on Saturday, with U.S. President Donald Trump agreeing to refrain from raising tariffs on Jan. 1. But […]
Gold pulls back from 5-week high; palladium marches higher
BENGALURU, Dec 5 (Reuters) – Gold prices edged lower on Wednesday, a day after hitting their highest level in more than five weeks, as comments from a Federal Reserve official kept alive the prospect of gradually rising U.S. interest rates. Meanwhile, palladium hit a new record high of $1,263.44 an ounce, widening its premium over […]
