Wednesday, May 3, 2017

METALS-London copper near 2-week low on U.S. rate rise expectations

MELBOURNE, May 4 (Reuters) - London copper fell on Thursday after a big build-up in exchange stocks and as traders priced in two U.S. interest rate rises expected this year that could curb interest in dollar-denominated metals. FUNDAMENTALS * LME COPPER: Three-month copper on the London Metal Exchange edged down 0.2 percent to $5,589 a tonne by 0243 GMT, having earlier hit $5,567 a tonne, the weakest since April 20. Prices extended losses from the previous session when they rec

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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