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Metals range-bound as trading slows ahead of China holiday

Metals prices flitted within a narrow
range on Wednesday as traders gauged the lack of fresh
market-moving catalysts and lacklustre trading ahead of a long
public holiday in top consumer China.
.
-February 06, 2024 at 11:15 pm EST
- MarketScreener ....

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Soybeans snap two-session rally; market eyes crop estimates | Hellenic Shipping News Worldwide

Soybeans snap two-session rally; market eyes crop estimates | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Newsquawk Week Ahead: RBA, China inflation, US ISM services PMI, annual US CPI revisions

Next week highlights include the rate decision from the RBA, US ISM Services PMI data as well as inflation from China and we also see the annual US CPI revisions. ....

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METALS-London copper rises; set for second weekly drop on dollar strength, demand woes

By Reuters Staff
2 Min Read
HANOI, Feb 5 (Reuters) - London copper prices edged up on Friday, but the contract was on track for a second week of losses due to a firm dollar and demand worries from top consumer China.
Chinese markets will remain closed from Feb. 11-17 for Lunar New Year holidays, potentially slowing demand for industrial metals.
While a firmer dollar made greenback-priced metals on the London Metal Exchange more expensive to holders of other currencies.
However, copper prices have been supported from low level of inventories and hopes of further U.S. stimulus that could boost demand for the red metal. ....

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London copper rises; set for second weekly drop on dollar strength, demand woes

London copper rises; set for second weekly drop on dollar strength, demand woes
London copper prices edged up on Friday, but the contract was on track for a second week of losses due to a firm dollar and demand worries from top consumer China.
Chinese markets will remain closed from Feb. 11-17 for Lunar New Year holidays, potentially slowing demand for industrial metals.
While a firmer dollar .DXY made greenback-priced metals on the London Metal Exchange more expensive to holders of other currencies.
However, copper prices have been supported from low level of inventories and hopes of further U.S. stimulus that could boost demand for the red metal. ....

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