List of content
Copper falls on weak Chinese data
2020-01-09 15:37:17 GMT
(Economies.com)
Copper futures fell on Thursday, after the release of weak Chinese economic data and a robust performance by the US dollar, in addition to anticipation for the US jobs report.
China revealed today that the CPI held at 4.5% in December, falling short of forecasts of a rise by 4.7%, while the PPI fell 0.5%.
Investors are anticipating the US jobs report for tomorrow, with forecasts for the US economy to add 150,000 jobs in December.
Otherwise, the dollar index rose against a basket of currencies by 0.1% to 97.4 points as of 14:37 GMT, and hit a high of 97.5 and a low of 97.2.
Copper March futures fell by 0.2% to $2.805 per pound as of 14:46 GMT, with a day high of $2.819 and a low of $2.799.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1025
|
-0.0069
|
0.6179%
|
|
|
|
|
1.3073
|
0.0072
|
0.5534%
|
|
|
|
Tadawul
|
8325.49
|
-60.86
|
0.73%
|
|
|
|
|
18.104
|
0.083
|
0.458%
|
|
|
|
|
54.273
|
-4.505
|
7.665%
|
|
|
|
|
60.77
|
-1.26
|
2.03%
|
|
|
|
|
1570.630
|
13.715
|
0.881%
|
|
Live Forex Updates
2020-01-24 19:00:51 GMT
2020-01-24 18:16:40 GMT
2020-01-24 15:57:49 GMT
2020-01-24 14:00:56 GMT