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Top News In எங்களுக்கு சர்வதேச வர்த்தகம் Today - Breaking & Trending Today

Copper edges down as dollar firms

Copper edges down as dollar firms
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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GRAINS-Corn set for biggest weekly gain in 10 years on shrinking world supplies

GRAINS-Corn set for biggest weekly gain in 10 years on shrinking world supplies
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.

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METALS-Aluminium rises on China supply disruption worries


By Reuters Staff
2 Min Read
HANOI, May 4 (Reuters) - London aluminium prices rose on Tuesday, as top producer China’s commitment to curb carbon emissions sparked worries that supply of the energy-intensive metal will be limited.
Three-month copper on the London Metal Exchange rose 1.5% to $2,432.50 a tonne by 0253 GMT, copper advanced 0.9% to $9,909.50 a tonne, zinc was up 0.4% to $2,936.50 a tonne, while nickel fell 0.2% to $17,635 a tonne.
“We expect aluminium to remain supported in the short term amid concerns climate change policies in China will curb output,” said ANZ analysts in a note.
“Coal-fired power is used by more than 80% of China’s aluminium smelters. Pollution-reduction policies are likely to push many of them to hook up to the grid, thereby increasing their costs,” they added. ....

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PRECIOUS-Gold prices ease off 2-month peak on firm dollar, Powell's comments


PRECIOUS-Gold prices ease off 2-month peak on firm dollar, Powell s comments
Reuters
5/4/2021
May 4 (Reuters) - Gold prices edged lower on Tuesday, after hitting a more than two-month high in the previous session, as a stronger dollar and optimistic comments from U.S. Federal Reserve Chairman Jerome Powell on the economy weighed on the metal s safe-haven appeal. FUNDAMENTALS Spot gold was down 0.2% at $1,789.02 per ounce by 0131 GMT. The metal touched its highest since Feb. 25 at $1,797.75 on Monday. U.S. gold futures fell 0.2% to $1,788.80 per ounce. The dollar index was up 0.1% against its rivals, making gold more expensive for other currency holders. The U.S. economy is doing better, but is not out of the woods yet, Powell said on Monday in remarks that flagged an upcoming central bank study documenting the disproportionate blow suffered by the less educated and working parents during the coronavirus downturn. U.S. ....

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