Some of Wednesday's midday movers:» Read More
SINGAPORE, Oct 6- London copper futures hovered near their weakest in five months on Monday, pressured by a firmer dollar after strong U.S. employment data and persistent worries over the economic outlook for top copper user China. *Recent weak data out of China had also weighed on base metals. *JPMorgan Chase& Co raised $800 million from the sale of its physical...
*Coming up: U.S. durable goods orders at 1400 GMT. LONDON, Oct 2- Copper slipped on Thursday, with prices vulnerable to further pressure from the dollar's recent strength as investors awaited fresh data for further clues on the health of the U.S. economy and the outlook for interest rates. Benchmark copper on the London Metal Exchange traded at $6,652 a tonne in...
*Coming up: ECB's Draghi holds news conference at 1230 GMT. LONDON, Oct 2- Copper held steady on Thursday, up from 3-1/ 2 month lows hit the previous day, as the dollar softened from recent highs, although prices remained vulnerable to dollar strength as investors await further clues on the health of the U.S. economy. Benchmark copper on the London Metal Exchange...
Japan firms fail to shake off tax-hike gloom, blunting economic rebound. TOKYO- Big Japanese manufacturers were slightly more optimistic in the third quarter but service-sector sentiment worsened, a central bank survey shows, adding to signs that a solid economic pickup will remain elusive without another burst of stimulus.
JAKARTA, Oct 1- Workers at Freeport-McMoRan Inc's Indonesian unit are blocking access to the mine site, union and company officials said on Wednesday, to protest against the number of fatal accidents at one of the world's biggest copper mines.
*Newmont says exports 30,000 T from Indonesia on Monday. JAKARTA/ SYDNEY, Sept 30- Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year.
SYDNEY, Sept 30- London copper was flat but not far off three-month lows on Tuesday ahead of data on growth in China's huge manufacturing sector, and was facing its steepest monthly loss since March on a looming increase in supply.
MELBOURNE, Sept 24- London copper climbed away from three-month lows on Wednesday as markets grew more confident over global growth signals, although a looming oversupply of the metal kept its advance in check.
MELBOURNE, Sept 24- London copper was stuck near three-month lows on Wednesday as more evidence of brighter economic prospects in the United States failed to overcome jitters over Chinese growth and swelling supply of the metal.
The theory is that Alibaba is such a gigantic offering that it is reducing interest in other IPOs anywhere on or near the horizon.
LONDON, Sept 10- News that the Philippines was preparing to follow Indonesia in banning exports of unprocessed minerals caused panic in the London nickel market last week. The Philippines has emerged as the main supplier of nickel ore to China's massive nickel pig iron sector after the cessation of exports from Indonesia.
The "Fast Money" traders share their final trades of the day.
Are you ready skeedaddy???!!! It's time for the Lightning Round.
The International Copper Study Group's most recent monthly update assessed the global refined copper market as being in a 450,000- tonne deficit in the first five months of the year, or a 308,000- tonne deficit once movements in Shanghai bonded stocks are factored into the equation.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Sept 1- In the high-stakes poker game being played between the Indonesian government and mining companies, it has come as a bit of a surprise that Jakarta appears to be playing the winning hand.
SYDNEY, Aug 28- Copper steadied in low trade volumes on Thursday as markets awaited fresh signals on whether the European Central Bank would act to shore up a faltering economy that could drag on world growth and metals demand.
*Dollar sets 13- month high, euro struggles. LONDON, Aug 27- Copper fell on Wednesday as a firm dollar and the prospect of increasing supply of the metal offset growing confidence in U.S. economic growth.
JAKARTA, Aug 27- Indonesia wants copper miners Newmont Mining Corp and Freeport-McMoRan Inc to hammer out a deal on concentrate supply for an upcoming smelter before allowing Newmont to resume exports, a mining ministry official said on Wednesday.
LAUNCESTON, Australia, Aug 27- China has in recent years been viewed as the main driver of the global copper market, and while its influence remains strong, it's possible that the rest of the world will take over in the short term.
SYDNEY, Aug 25- Shanghai copper hit its highest in around seven weeks on Monday, underpinned by steady consumer demand as the slow summer season fades, while London markets were shut for a bank holiday. *The most-traded October copper contract on the Shanghai Futures Exchange edged up 0.3 percent to 50,710 yuan a tonne.