Copper Edges Higher After US Economic Data, Powell Rate Comments [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
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Source: Yahoo! Finance
Most Read from Bloomberg Biden's Fourth of July Shrouded by Pressure to Drop 2024 Bid Kamala Harris Is Having a Surprise Resurgence as Biden's Campaign Unravels Newsom Shocks California Politics by Scrapping Crime Measure House Democrats Consider Demanding Biden Withdraw From Race China Can End Russia's War in Ukraine With One Phone Call, Finland Says The industrial metal edged 0.2% higher by 6:04 p.m. in London, erasing an earlier decline of as much as 0.7%. Federal Reserve Chair Jerome Powell said earlier this week that inflation is returning to a downward path, spurring market confidence about monetary easing. Labor data released Wednesday indicated the nation's job market is slowing. Looser monetary policy may bolster the broader economy and demand for industrial metals such as copper. The US dollar fell for a third consecutive session Thursday, which is likely to see subdued trading with the US observing the Independence Day holiday. In China, treatment charges
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News
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