30.01.2014 - Copper heads for longest slump in 15 months on economy
Copper futures fell, capping the longest slump in 15 months, on speculation that rising borrowing costs in emerging markets will damp economic growth, eroding demand for industrial metals. The South Africa Reserve Bank unexpectedly increased its benchmark interest rate, following central banks from Turkey to Brazil. Countries tightened monetary policy to bolster their currencies. A gauge of global equities approached the lowest in six weeks, while aluminum, nickel, zinc and lead dropped...............................................Full Article: Source
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