-
Copper hits near two-week high, aluminium hovers around four-year peak
London copper prices rose to a near two-week high on Wednesday, as lower oil prices eased fears of inflation and slowing economic growth, while aluminum hovered near its highest level in more than four years on supply concerns. Three-month copper on the London Metal Exchange was up 0.5% at $13,688.50 a metric ton by 0334 GMT, after hitting its highest since May 15 earlier in the session. The most-traded copper contract on the Shanghai Futures Exchange was unchanged at 105,160 yuan ($15,495) a ton. Brent crude oil prices fell and were trading near their lowest in more than a month this week, easing some concerns over ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From exchangerates.org.uk|May 27, 2026Gold prices remain under pressure after a volatile spring sell-off, with UBS trimming its short-term forecasts as stronger real yields and a firmer US Dollar continue to weigh on ...
From @financialjuice|May 27, 2026|6 commentsFed's Kashkari: Inflationary shockwave sent across the globe from Middle East war could persist Fed's Kashkari: Far too soon to make a prediction on when the next Fed move could be
From fxleaders.com|May 27, 2026Gold saw a decline as new fighting in the Persian Gulf dampened expectations for a peace agreement between the United States and Iran and reaffirmed worries that inflation might ...
-
- Newer Stories
From dallasfed.org|May 27, 2026|2 commentsIt's an honor to participate in this important conference alongside my distinguished fellow panelists. These are my views and not necessarily those of my Federal Reserve ...
From ecb.europa.eu|May 27, 2026|5 commentsThe outlook for euro area financial stability is being shaped by geoeconomic stress and energy supply disruptions, with the severity and duration of the fallout still uncertain, ...
From cnbc.com|May 27, 2026Has gold lost its luster? Traders on both sides of the question are duking it out in the options pit of one ETF that’s trying to buck the multi-month downtrend in the commodity. ...
- Story Stats
- May 27, 2026 2:59am Posted byFundamental Analysis69
- Instruments:
