Archive for Tag: market outlook of may

market outlook

Copper rises on comments from PBOC and the Federal Reserve

Chicago copper futures price, is up 0.05% at $4.4300 per pound on mid-Wednesday trades. Copper prices gained recently as the Fed took the possibility of a 75-basis points rate hike off the table, and PBOC, the Chinese central bank, pledged to support the economy to counter pandemic woes. The...

Read More