No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
According to Bloomberg, the price of copper on New York's Comex has reached record levels this year. This has created opportunities for traders to ship cheaper metal to the United States from foreign markets, such as Africa and Asia.
According to Bloomberg, the Reserve Bank of Australia (RBA) is expected to hold rates steady at its April 1 meeting considering the upcoming federal election, as well as the economic impact of a US-driven upheaval in global trade.
A decrease of the indicator value may contribute to the fall in quotes of JPY.
An increase of the indicator value may contribute to the rise in quotes of Copper.
An increase of the indicator value may contribute to the rise in quotes of JPY.
An increase of the indicator value may contribute to the rise in quotes of CAD.
An increase of the indicator value may contribute to the rise in quotes of GBP.
A decrease of the indicator value may contribute to the fall in quotes of AUD.
A decrease of the indicator value may contribute to the fall in quotes of Aluminium.
This week, copper prices continued to retreat from a 9-month high. Speculation that supply disruptions fueled by US trade tariffs may be resolved sooner than initially thought pushed the metal lower. This forecast came from experts polled by Bloomberg.