Commodity Blog |
Copper Advances amid Signs of Global Growth Posted: 28 Jan 2013 04:37 PM PST Copper advanced today on hopes that global economic growth will support demand for the industrial metal. US durable goods orders grew as much as 4.6 percent in December, beating the forecast of 1.8 percent. The Federal Reserve will start its two-day policy meeting today and traders hope for an increased stimulus from the central bank. Nonfarm payrolls released later this week are expected to show a stable growth of US employment. [...] |
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