23.09.2013 - Copper investors now focus on weak fundamentals after US Fed
After a statement from US Federal Reserve on its monetary stimulus, now copper investors are eyeing on copper fundamentals which are look weak and are likely to pressurise the base metal prices later this year. Copper prices recorded a jump than any other base metal last week after a statement from the US Federal Reserve said that it will continue with its existing monetary stimulus till the economy backs to its solid growth path. The statement fuelled short covering in the base metal and caused a significant up-tick......................................Full Article: Source
Print