The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...
The Australian sharemarket was on track for a 10th-consecutive daily rise today, as commodity price strength lifted the resources sector. BHP Billiton rose 1 per cent after the price of London Metals Exchange copper rose 0.6 per cent and ...
Tags: Australian sharemarket, currency, economy
Copper rose for a third day in London as Chinese services industries expanded at the fastest pace in four months, bolstering prospects for an economic rebound in the world’s biggest consumer of the metal. China’s statistics ...
Tags: Copper, economic rebound, metal, China
Balkans.com reported that Copper rose for a second day in New York before a report that may show new home sales in the US, the second-biggest consumer of the metal, rose to the highest level in more than two years. Copper for delivery in ...
Tags: Copper rose, in New York
London copper rose more than 2% on Wednesday, headed for its biggest daily rise since mid-November, as the US Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper ...
Tags: London, copper, copper consumption, metal induatry
Khaleej Times reported copper rose in London before a report that may show manufacturing in China increased, adding to speculation of recovering demand by the biggest buyer. Copper for delivery in three months gained 0.2% to USD 7,933 a ...
Tags: copper, London, copper demand, copper market
Reuters reported that Kazakhstan's refined copper and gold output rose in January to November 2012 while production of alumina, zinc and steel fell compared with the same period last year. Data from the State Statistics Agency showed that ...
Kazakhstan's refined copper and gold output rose in January to November 2012, while production of alumina, zinc and steel fell compared with the same period last year. Production of refined copper rose by 7.9% YoY to 332,620 tonnes in the ...
Tags: Copper Output, Gold Output, production of alumina, Kazakhstan
Reuters reported that demand for base metals in India could rise next week, particularly for copper and zinc, helped by a surge in construction activity and on higher buying of geysers and other heating equipment as winter sets in. ...
Tags: demand for base metals, copper and zinc, heating equipment
Reuters reported that China's production of refined copper rose in November to a record high for the second straight month as more domestic manufacturers turned to local smelters for supplies that traders said were cheaper than imports. ...
Tags: refined copper, local smelters, smelters, copper industry
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal