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Copper, industrial metals climb on macro optimism after US midterms

SINGAPORE: Copper and the industrial metals complex rallied on Thursday amid wider macroeconomic optimism as investor sentiment was boosted by yesterday’s US midterm election results. Benchmark three-month copper on the London Metal Exchange was up 0.48% at $14,078.5 a metric ton by 0300 GMT. The most-traded copper contract on the Shanghai Futures Exchange rose 0.71% to 108,250 yuan ($16,221.85)…

First reported by Business Recorder 1 source
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  1. Business Recorder

    Copper, industrial metals climb on macro optimism after US midterms (opens Business Recorder in a new tab)

    SINGAPORE: Copper and the industrial metals complex rallied on Thursday amid wider macroeconomic optimism as investor sentiment was boosted by yesterday’s US midterm election results. Benchmark three-month copper on the London Metal Exchange was up 0.48% at…

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