Kumaresan Selvaraj pillai


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Wednesday, February 27, 2013

Commodity Blog

Commodity Blog


Copper Lifted by Favorable News from USA

Posted: 26 Feb 2013 07:28 PM PST

Copper gained as positive macroeconomic data from the United States and comments of the Federal Reserve Chairman Ben Bernanke caused speculations that the growing US economy will lead to increasing demand for the industrial metal. The Richmond Manufacturing Index climbed from -12 in January to 6 in February, showing that the sector returned to growth. New home sales climbed from 378,000 in December to the seasonally adjusted annual rate of 437,000 in January, much more [...]

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