Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Copper ETFs surge on solid China trade data

Posted on 09 August 2013

Worries have been building over the Chinese market, thanks to concerns regarding a number of aspects of the nation’s economy such as the financial sector and the still heavy dependence on manufacturing to power growth. This has culminated in sluggish GDP growth rates and speculation that annual GDP increases could fall below 7%.
These trends have led to poor trading not only for China ETFs, but for copper ETFs as well. After all, China is the largest consumer of copper in the world, so its economic outlook will have a huge impact on prices for the red metal………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031