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Copper Futures Rise to Five-Week High on Freeport Woes

Bloomberg - 5/22/2013 3:21:15 PM
Last month, a wall collapsed at a Rio Tinto Group copper mine in Utah, sparking supply concerns after the ... a continued melt-up through $7,500 could entice further short-covering” George Adcock, an analyst at Marex Spectron in London ...

COMMODITIES-Oil cuts loss, shadowing Wall St rebound; copper down

Reuters - 5/23/2013 9:32:17 PM
The Thomson Reuters-Jefferies CRB index, a bellwether for commodity prices, settled little changed after slipping to a near week-low on Wednesday. Wheat and arabica coffee led gains on the 19-commodity CRB, rising about 2 percent. Cocoa and ...

Copper Slumps on Weak Chinese Manufacturing, Fed Worries

FOXBusiness - 5/23/2013 1:54:10 PM
Copper futures retreated Thursday on worries about demand after data showed the manufacturing sector in top consumer China shrank this month. The most actively traded copper contract, for July delivery, recently traded down 10.55 cents, or 3.1% ...

Copper Hits One-Week Low as Chinese Manufacturing Disappoints

FOXBusiness - 5/23/2013 6:11:51 PM
Copper futures slipped on Thursday, pulling back from the previous day's near-six-week high as weaker Chinese manufacturing data hit the demand outlook for the metal. The most actively traded copper contract, for July delivery, fell 7.65 cents ...

Copper futures rally to 2-week high on Fed easing expectations

NASDAQ - 5/22/2013 6:24:22 AM
copper futures for July delivery traded at USD3.383 a pound during European morning trade, up 1.2% on the day. New York-traded copper prices rose by as much as 1.5% earlier in the day to hit a session high of USD3.391 a pound, the strongest ...

How George Topping Is Profiting From Copper Price Volatility

Seeking Alpha - 5/22/2013 12:15:08 PM
Everything you thought you knew about copper is wrong. Is it an economic barometer? Nope. Do copper warehouses decrease volatility? Hardly. Can investors play small-cap base metals producers for profit? You bet. These are the conclusions Analyst George ...

Copper Falls as China’s Imports Tumble to Lowest in 22 Months

Businessweek - 5/22/2013 6:17:13 AM
April shipments of refined metal into China tumbled 33 percent to 183,023 metric tons ... 1:14 p.m. on the Comex in New York. Earlier, the price reached $3.3815, the highest since May 10. The metal rose as much as 0.6 percent after a deadly ...

Commodity super-cycle warnings put these currencies most at risk

Marketwatch - 5/22/2013 1:02:15 AM
High-grade copper futures have lost almost 8% ... Shorting a currency means betting that the currency will fall. “Lower commodity and energy prices are slowly percolating through the system to the advantage of consumers in developed countries ...

LME copper falls after China data

MoneyControl.com - 5/23/2013 1:18:22 PM
London. Copper prices slid on the London Metal Exchange Thursday ... Chinese manufacturing activity dropped to a seven-month low in May, according to the HSBC flash purchasing managers' index. The index fell to 49.6 in May from 50.4 in April.

MCX Copper: After triangle breakout, what next?

Commodity Online - 5/22/2013 7:07:19 AM
In the current month we can observe smart bounce in this commodity and moving higher in a complex ... was end of wave c.As shown above in 60 mins chart of MCX Copper, in the start of May 2013 prices have made a low of 365, thereafter it has been moving ...

Gold / Silver / Copper futures - Weekly outlook: May 20 - 24

NASDAQ - 5/19/2013 7:18:02 AM
On the week, silver future prices retreated 6.9%, tracking gold futures sharply lower. Meanwhile, copper for July delivery tacked on 0.6% on Friday to close the week at USD3.316 a pound. Despite Friday's upbeat performance, Comex copper prices still lost 2 ...

MCX Copper may breach 419 levels

Commodity Online - 5/22/2013 7:07:19 AM
Prices are witnessing crucial trend line support at 392.50 levels and currently trading well above these levels. On sustained trade above is likely to remain higher. Any dip could be a buying opportunity for short term. We recommend Buying in copper for ...

Copper futures marginally up on short-covering

articles.economictimes.indiatimes.com - 5/17/2013 6:01:40 AM
NEW DELHI: Amid short-covering by speculators and rising spot demand, copper futures prices today rose marginally by 0.21 per cent to Rs 401.35 per kg. However, a weak trend in base metals at the London Metal limited the fall. At the Multi ...

COMMODITIES-Metals, oil bruised by China PMI; gold bounces

Reuters - 5/23/2013 1:11:13 PM
Gold swam against the tide, however, bouncing and regaining some of its safe-haven allure amid worries of stagnant ... hinted at possible cutbacks in the U.S. stimulus plan. Investors scrambled to sell commodities after China's manufacturing ...

The Macro Story as Told by Gold, Copper and Oil

The Business Insider - 5/22/2013 10:34:55 AM
EconMatters is a syndicated financial content site with a global network of authors and analysts. Authors have no position in the subject matter unless otherwise noted. Gold’s been on a wild ride. After reaching a peak of $1,920 an ounce in September ...