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METALS-Copper rises as investors shrug off recovery woes on upbeat earnings - Vimarsana News

METALS-Copper rises as investors shrug off recovery woes on upbeat earnings

By Reuters Staff 2 Min Read July 23 (Reuters) - Copper advanced on Friday, on track for a weekly gain, as risk appetite improved after upbeat earnings in the equities market helped overcome worries about global growth. Three-month copper on the London Metal Exchange rose 0.9% to $9,524.50 a tonne by 0321 GMT, while the most-traded August copper contract on the Shanghai Futures Exchange advanced 1.8% to 69,860 yuan a tonne. Copper is often used as a gauge of global economic health. The European Central Bank’s pledge to keep interest rates at record lows for longer to boost recovery and a slu...

RPT-PRECIOUS-Gold dips on firmer dollar as market eye U.S. jobs data - Vimarsana News

RPT-PRECIOUS-Gold dips on firmer dollar as market eye U.S. jobs data

RPT-PRECIOUS-Gold dips on firmer dollar as market eye U.S. jobs data Reuters 7 hrs ago Popular Searches July 1 (Reuters) - Gold prices edged lower on Thursday, as the dollar hovered near a three-month peak, with investors looking ahead to a key U.S. jobs report due later this week for clues on what it might mean for monetary policy. FUNDAMENTALS * Spot gold eased 0.1% to $1,769.11 per ounce, as of 0117 GMT. U.S. gold futures fell 0.2% to $1,768.10. * The dollar held firm near a three-month high scaled in the previous session. A stronger dollar makes greenback-priced metals more expensive fo...

Source: msn.com
Gold prices edge lower on firmer dollar as market eye US jobs data - Vimarsana News

Gold prices edge lower on firmer dollar as market eye US jobs data

FUNDAMENTALS * Spot gold eased 0.1% to $1,769.11 per ounce, as of 0117 GMT. U.S. gold futures fell 0.2% to $1,768.10. * The dollar held firm near a three-month high scaled in the previous session. A stronger dollar makes greenback-priced metals more expensive for holders of other currencies. [USD/] * U.S. private payrolls increased more than expected in June as companies rushed to boost production and services amid a rapidly reopening economy. * Federal Reserve Bank of Dallas President Robert Kaplan said Wednesday he would like the Fed to start reducing its support for the economy before...

Copper rises as dollar weakens to multi-month lows | Hellenic Shipping News Worldwide - Vimarsana News

Copper rises as dollar weakens to multi-month lows | Hellenic Shipping News Worldwide

Copper rises as dollar weakens to multi-month lows Copper prices rose on Tuesday as a weaker dollar made greenback-priced metals cheaper and more appealing to holders of other currencies. Three-month copper on the London Metal Exchange CMCU3 rose 0.7% to $10,328 a tonne by 0319 GMT, while the most-traded July copper contract on the Shanghai Futures Exchange SCFcv1 increased 0.6% to 74,160 yuan ($11,642.44) a tonne. The dollar languished near multi-month lows versus major peers as traders pondered the prospects for early policy normalization by the Federal Reserve ahead of a key jobs report at...

US open Wall Street Points To Mixed Start Jobless Claims Hit Pandemic Low - Vimarsana News

US open Wall Street Points To Mixed Start Jobless Claims Hit Pandemic Low

US open Wall Street Points To Mixed Start Jobless Claims Hit Pandemic Low