15.05.2015 - Will Recent Gains in Copper Mining ETFs Last?
Copper prices had a distressful 2014 on soft manufacturing sector in China, global growth worries, a multi-year high U.S. dollar and surplus supplies. The trouble deepened in 2015 as the greenback continued to gain strength on rising rate speculations in the U.S. However, the red trading patches in the red metal soon turned green thanks to some encouraging data from both China and the U.S. China matters the most for this metal as the country is the world’s biggest consumer of this industrial metal, making up roughly 40% of the global copper demand........................................Full Article: Source
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