- Copper prices tumbled to five-week lows on Thursday, as the U.S. dollar rallied after Federal Reserve Chair Janet Yellen pointed to a possible December interest rate hike.Copper for December delivery on the Comex division of the New York Mercantile Exchange slumped 3.6 cents, or 1.56%, to trade at $2.286 a pound during morning hours in London. It earlier fell to $2.285, the lowest since October 2. A day earlier, copper prices dipped 0.8 cents, or 0.34%.
- Oil prices rose on Thursday, paring some of the losses incurred a day earlier after data showed U.S. inventory levels had risen for a sixth week and mounting evidence of weakness spreading through the physical market.A day earlier, oil fell by nearly 4 percent after the Energy Information Administration saidU.S. crude inventories added 2.85 million barrels last week, in line with forecasts, despite a drop in imports to their lowest level since 1991.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment