Copper Prices Gained After Investors Saw Comments From The U.S. Federal Reserve

Copper trading range for the day is 421.1-442.5.

Copper prices gained after investors saw comments from the U.S. Federal Reserve chair as a sign the central bank's interest rate hike cycle is drawing to a close.

U.S. President Trump is open to reach a deal on trade with Chinese leader Xi Jinping but is ready to hike tariffs on Chinese goods if there is no breakthrough.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Dropped As Tensions Between Washington And Beijing

Copper trading range for the day is 435.8-445.8.

Copper dropped as tensions between Washington and Beijing at a regional summit renewed concerns over a prolonged trade war, weighing on prices.

Headline copper inventories in LME-registered warehouses fell by 5,425 tonnes to 161,025 tonnes, nearing last month's 10-year low of 136,675 tonnes.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Prices Fell As The U.S. Dollar Strengthened And On Lingering Concerns

Copper trading range for the day is 424.6-441.6.

Copper prices fell as the U.S. dollar strengthened and on lingering concerns about the trade war between the U.S. and China.

Concerns over global trade tensions also remained in focus amid doubts over the potential for a trade deal between the U.S. and China.

Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 3.6 percent from last Friday, the exchange said.
  
For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Slipped As The Dollar Extended Its Recovery After U.S. Midterm Elections

Copper trading range for the day is 430.8-444.6.

Copper slipped as the dollar extended its recovery after U.S. midterm elections and data showed copper imports by top buyer China fell in October.

China’s Arrivals of scrap copper in September plunged 38.9 percent to 200,000 tonnes, curbed by the hefty tariffs on imports from the United States

The global world refined copper market showed a 47,000 tonnes deficit in July, compared with a 38,000 tonnes deficit in June, the ICSG said.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Trading Range For The Day Is 439.7-454.1

Copper trading range for the day is 439.7-454.1.

Copper settled flat after authorities in China said they would take measures aimed at bolstering growth and liquidity.

The United States is preparing to announce tariffs on all remaining Chinese imports by early December.

Glencore reported a 12 percent rise in copper production so far this year.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Extended Losses Curbed By Tepid Spot Trading Amid Increasing Stockpiles

Copper trading range for the day is 443.1-452.7.

Copper extended losses curbed by tepid spot trading amid increasing stockpiles at the futures exchange.

Stocks of cash-settled copper futures warrants in China increased for a fourth straight session, adding 2,887 tonnes to 58,230 tonnes, SHFE data showed.

Increase in refined copper imports and expansion of smelter capacity in China would also weighing on copper prices.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Seen Supported Amid Shrinking Inventories

Copper trading range for the day is 453.7-465.7.

Copper seen supported amid shrinking inventories and in anticipation of growth in Chinese infrastructure and upbeat orders for stockpiling before the year-end.

China's imports of copper rose 24.0 percent from month ago to 521,000 tonnes in September, data from the General Administration of Customs showed.

Chinese data showed an unexpected acceleration in Chinese export growth in September and a record trade surplus with the United States.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Trading Range For The Day Is 38544-39542

Silver trading range for the day is 38544-39542.

Silver prices inched down as investors remained cautious after U.S. Treasury yields hit multi-year peaks and ahead of monthly employment data

Fed’s Evans said he was comfortable with expectations in financial markets that the U.S. central bank will raise interest rates again in December.

The ADP and Moody’s Analytics revealed that U.S. services and private payrolls increased by 230,000 in September.



For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Dropped After The Third U.S. Rate Hike For The Year

Silver trading range for the day is 37040-38340.

Silver dropped after the third U.S. rate hike for the year and the Federal Reserve’s indication of plans for more.

The Fed’s Chairman Jerome Powell also discussed trade related issues, adding that the Fed had heard a "rising chorus of concerns from businesses all over the country."

The US economy grew as expected in the second quarter, that confirmed that gross domestic product rose at its quickest rate in nearly four years.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Prices Dropped Amid Persistent Worries Over An Escalating U.S.- China

Copper trading range for the day is 453.1-460.7.

Copper prices dropped amid persistent worries over an escalating U.S.-China trade war.

Developing Asia could grow more slowly than previously thought next year as the U.S.-China trade war inflicts collateral damage on the region’s export-reliant economies.

China’s top copper smelters have set their floor treatment and refining charges for the fourth quarter at $90 per tonne and 9 cents per pound.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Rose As A Weaker Dollar Underpinned Prices Even As Bearish Sentiment Lingered

Copper trading range for the day is 415.7-433.7.

Copper rose as a weaker dollar underpinned prices even as bearish sentiment lingered amid a trade war between the United States and top metals consumer China.

U.S. President Donald Trump said that the United States was not yet ready to come to an agreement over trade disputes with China but he said talks would continue.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Settled Flat As Jitters Over Renewed Trade Tensions Between The United States & China

Copper trading range for the day is 418.8-428.2.

Copper settled flat as jitters over renewed trade tensions between the United States and China weighed on risk appetite and pushed up the dollar.

China's manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff.

Copper production at Codelco, Chile's state-owned copper mining company, rose 2 percent in the first half of 2018 to 813,000 tonnes.

For more information ✆ +91-8871068600 or visit Dynamic Money Research