08.01.2015 - Copper, Aluminum Extend Losses as Oil’s Slump Fuels Growth Worry
Copper fell, extending declines from a four-year low, while aluminum languished near the weakest in seven months on fears oil’s slump signals a slowdown in economic growth and weaker commodities demand. Crude oil in New York slid below $48 a barrel, extending losses to the lowest in more than five years, and the euro area is poised to post its first drop in consumer prices since 2009, fueling pessimism over the global economy. The Federal Reserve releases minutes of its last meeting of 2014 today and U.S. jobs data are due later this week...............................................Full Article: Source
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