Commodity Blog |
| US Economy Slows Leading to Fall of Copper Futures Posted: 31 Jan 2013 12:52 PM PST Copper futures fell today in New York as rising US unemployment claims caused concern about economic growth and led to speculations that demand for the metal may ebb. Claims for unemployment benefits rose from 330,000 to 368,000 last week. The impact of rising jobless claims was subdued to some degree as Automatic Data Processing reported that US employers added 192,000 jobs in January, beating forecasts by a great margin. The Federal [...] |
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