Copper Edges Higher as Risk Assets Rally - News Summed Up

Copper Edges Higher as Risk Assets Rally


Copper prices inched higher Thursday, climbing alongside stocks and other risk assets as investors awaited updates on global trade policy. Front-month copper for May delivery edged up 0.2% to $2.7585 a pound on the Comex division of the New York Mercantile Exchange, advancing for the third consecutive session. Prices have trimmed much of their 2019 advance, falling 7.3% below their April peaks on fears that heightened trade tensions will slow the global economy and crimp demand for the industrial metal.


Source: Wall Street Journal May 16, 2019 13:07 UTC



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