SHFE on May 11th; Copper up due to supply concerns; Better market movement

Shanghai Futures Exchange continued with positive pushes, and copper price went up despite the short pull down at opening time. Possible supply  restriction gives backup to prices. Also the news about China's central bank. They will insert some amounts of capital into the open market. These news also renewed confidence and removed fear of the [...]

By | 2017-05-11T06:46:21+00:00 May 11th, 2017|Financial, Governments, International|0 Comments

Futures overview on May the 8th: Copper drops to 5-month low

Today's market had some very stressful outcomes. Volatility was huge, and main base metals and commodities prices were changing their movements unexpectedly, in a way that predictions were mostly positive. Copper Comex copper prices started trading in the new week at the lowest price since December. Among signs of weak global demand, focusing particularly on [...]