Upbeat Chinese Economic Data Buoy Commodities - News Summed Up

Upbeat Chinese Economic Data Buoy Commodities


Improving economic data in China are fueling hopes that global growth will accelerate in 2020, supporting a host of commodities from oil to copper. Most-active copper futures for March delivery rose 1.1% to $2.8115 a pound on the Comex division of the New York Mercantile Exchange Monday, extending a recent rally that has pushed the industrial metal to its highest level since early May. Prices are up more than 7% in the past nine sessions.


Source: Wall Street Journal December 16, 2019 15:33 UTC



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