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EMERGING-MARKETS/LATAM (UPDATE 1):EMERGING MARKETS-Brazilian real leads gains among Latam FX

The strike comes as global copper prices hover near record highs and amid rising political risk in the region.

by Tyler Durden Thursday, May 27, 2021 - 07:57 AM U.S. stock index futures ticked lower ahead of an economic data dump that will reveal the latest durable goods, cap goods orders, jobless claims, GDP, PCE, and Personal Consumption data, amid fears that signs of an improving economy would lead the Federal Reserve to start tapering following comments on Wednesday that the Feds Quarles is open to talk about adjusting the Feds bond purchases. At 7:15 a.m. ET, Dow e-minis were up 3points, or 0.01%, ...

LIVE FUTURES REPORT 27/05: LME zinc up 1.6%, copper above $10,000/t over morning London Metal Exchange prices rose on the morning of Thursday May 27, with copper and zinc climbing above their recently set psychological levels following year-to-date highs and nickel continuing its stride forward following a 1.5% rise on Wednesday. The LME three-month copper price was $10,038 per tonne at 9am London time, a 0.6% rise from Wednesday’s close of $9,979 per tonne. The copp...

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CATCHES OF THE WEEK Zoe Avalos, 8, of Albuquerque, caught a 15-inch largemouth bass at Bosque Redondo Lake using a hotdog May 24. Caiden Davis, 12, of Rio Rancho, caught a 17.5-inch rainbow trout on the Cimarron River using PowerBait at the Gravel Pit Ponds on May 22. Miguel Gallegos, 5, of Taos, caught a 20-inch rainbow trout at Eagle Nest Lake using grape nymph PowerBait on May 16. Jeneva Gallegos, 14, of Ranchos de Taos, caught a 22-inch rainbow trout using a black and white jig May 16. S...

Copper rises on supply worries in Chile Copper prices advanced on Thursday, on supply threats in top producer Chile, while slower pace of earnings in top consumer China’s industrial firms eased concerns of policy tightening. Three-month copper on the London Metal Exchange CMCU3 rose 0.6% to $10,042 a tonne by 0614 GMT, while the most-traded July copper contract on the Shanghai Futures Exchange SCFcv1 climbed 0.5% to 72,180 yuan ($11,308.16) a tonne. Supply worries in top producer Chile aided ...

Copper prices rose on Thursday, helped by the threat of strikes at mines in top producer Chile and an easing of fears that China, the biggest consumer, will tighten monetary policy.

Escondida mine (Credit: BHP) A union of remote workers for BHP’s Escondida and Spence copper mines in Chile walked off the job early on Thursday after efforts to ink a labor contract deal with the company’s management fell through, fueling uncertainty over the global supply of the red metal. The strike at Escondida, the world’s largest copper mine, and at the smaller Spence comes as copper prices have spiked amid soaring demand as the world’s largest economies revive following more tha...

15 Largest Mining Companies by Market Cap In this article we will take a look at the 15 largest mining companies by market cap. You can skip our detailed analysis of the mining industry’s outlook for 2021 and some of the major growth catalysts for bank stocks and go directly to The global mining sector is undoubtedly one of the fastest-growing industries today. Nearly all the manufacturing industries acquire their raw materials from the mining industry and depend on them to make and sell the...