Copper is facing a headwind as stockpiles in China, the world’s biggest consumer of the metal, are soaring at an unexpected time. This surge is raising concerns about weakening demand despite a recent price rally.
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper prices, along with signs of a demand slowdown in recent weeks, hint at a U.S. economy that has been “struggling.”
Hello traders. Welcome to a new commodity blog post. In this one, we will look at the Copper Elliott wave analysis from our team of analysts. We will especially look at an Elliottwave path discussed in of one of our updates shared with…
Partnership to Provide Expanded Distribution and Services to U.S. Government and Enterprise Customers BOSTON, June 4, 2024 /PRNewswire-PRWeb/ -- archTIS (ASX:AR9, OTCQB:ARHLF), a global provider of data-centric solutions for the secure…
With summer just around the corner, New Balance is gearing up for the warmer days ahead with some seasonal-appropriate offerings including the New Balance 550 dipped in “Angora/Copper”. The New Balance 550 “Angora/Copper” reimagines the…
This week saw BHP’s last attempt to acquire fellow miner Anglo American fail. The negotiations had lasted six weeks, the offer prices were hiked twice, and yet the deal broke down. Because BHP only wanted Anglo’s copper operations. The…
WILLIAMS LAKE, BC, June 1, 2024 /CNW/ - Unifor members at Local 3018 were forced to take strike action at the Gibraltar copper mine on June 1, 2024 after the company refused to negotiate basic terms of a new collective agreement.