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Tag: Copper price


Finance Tech, Liquidity

Copper Price Outlook: US PMI Miss, China Government Shakeup Bode Poorly for the Red Metal

October 25, 2022

Via: DailyFX

Copper prices are trading lower for the second day as traders weigh deteriorating economic conditions amid rising rates that are trickling down into the economy. The United States’ manufacturing sector fell into contraction in October, according to a purchasing managers’ […]


Finance Tech, Liquidity

Copper Hugs Trendline Support as Market Conditions Remain Tight

November 4, 2021

Via: DailyFX

Copper prices continue to slide lower as fears mount over a prolonged economic slowdown in China. Surging commodity prices and stresses in the property sector have hampered economic activity in China, in turn putting pressure on demand for metals. Factory […]