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Copper futures finished with a modest decline on Tuesday as a soft report on US housing starts kept the market from rallying with equities or benefiting from a decline in the dollar. The most-active December copper dipped 1.10 cents to settle at $2.7745 per pound on the Comex
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Copper futures corrected lower on Monday as global equities fell, with the dollar strengthening, according to Dow Jones Commodities News. The most-active December copper contract fell 6.55 cents to settle at $2.7855 per pound on the Comex division of the New York Mercantile Exchange. Market analysts attributed the
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Copper futures continued their upward momentum on Thursday, rising 9.05 cents, or 3.2%, to settle at $2.9140 a pound on the Comex division of the New York Mercantile Exchange. The rally was attributed to improving economic sentiment and a weaker US dollar, setting the stage for a
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Government crop production and supply and demand reports, released on Wednesday, were bearish for Chicago Board of Trade corn, bullish for soybeans, and neutral for wheat, according to traders and analysts. The U.S. Department of Agriculture's (USDA) reports lowered projected soybean production and yield beyond trade expectations,
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Chicago Mercantile Exchange (CME) hogs are likely to open weak on Wednesday on possible follow-through liquidation and steady-to-lower cash hog price expectations, according to analysts and brokers. The U.S. Department of Agriculture's Iowa/Southern Minnesota weekly average hog weight showed hog weights in the region for last
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The Chicago Mercantile Exchange (CME) hogs and cattle market saw significant fluctuations on Monday, with lean hogs closing sharply lower due to profit-taking, bearish cash hog quotes, and sell stops. However, most live cattle contracts landed on positive turf, driven by bullish factors such as the U.S. stock market&
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Gold futures experienced a significant rebound on Thursday as the US dollar suffered a decline and oil prices surged. The December gold contract rose $7.60 to settle at $937.30 an ounce on the Comex division of the New York Mercantile Exchange. This rally can be attributed to the
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Copper futures plummeted on Tuesday, correcting alongside other outside markets. The sudden drop was attributed to the correction in the stock market, which has been a concern for investors. Experts attribute the copper market's vulnerability to profit-taking by spec funds and the natural pullback in other markets. As
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The Australian dollar rallied on Friday, buoyed by strong earnings from major US companies, including Intel and Goldman Sachs, which lifted hopes of a recovery in the American economy. The local currency rose to $US0.8003/06, up 0.49 per cent from Wednesday's close, as financial markets
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Financial markets experienced a boost on Monday, with U.S. markets posting gains as the corporate reporting season entered its second week. The Dow Jones industrial average rose 131.50 points, or 1.61 percent, to 8,278.02, while the Standard & Poor's 500 index gained 14.
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Copper futures declined on the Comex division of the New York Mercantile Exchange as the dollar strengthened, oil, gold, and equities slipped, and consumer confidence numbers came in weaker than expected. The September copper futures contract settled at $2.2115 a pound, down 2.6 cents from the previous day.
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The Chicago Mercantile Exchange lean hog futures are expected to open mostly weaker on Wednesday due to pressure from lower wholesale pork prices on Tuesday and a flat to weak cash market call. The roll of August long positions into October, associated with the Standard & Poor's Goldman
