Copper Falls After Release of Downbeat European Economic Data - News Summed Up

Copper Falls After Release of Downbeat European Economic Data


Copper prices fell Thursday, dropping from their highest levels since last summer, after release of data pointing to a continuing slowdown in eurozone economic activity. Copper for May delivery, the most-active futures contract, fell 1.6% to $2.92 a pound on the Comex division of the New York Mercantile Exchange. Prices closed at their highest level in nine months Wednesday and are still up about 11% for the year, though they remain well below their June four-year highs.


Source: Wall Street Journal April 18, 2019 13:18 UTC



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