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The vicious squeeze on the Chicago Mercantile Exchange (CME) copper contract appears to have largely passed, but fund managers are sticking with their bullish convictions on both US and London markets.
The copper rally turned ugly this week, morphing into a ferocious short squeeze on the U.S. contract operated by CME Group. CME cash copper hit a record high of $5.1775 a lb, or $11,414...
This high-dividend, low-cost company is also one of the London stock market's most exciting growth shares, writes Royston Wild.
Here’s what to know as the metal has passed this price threshold, and what to expect from here
Thursday brings a detente in the global bond market rout amid signs of stabilization on Wall Street and a modest dollar softening.