Copper Falls Below $9,000 as Dollar Extends Post-Election Gains [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
hkexgroup.com/investor-relations?sc_lang=en
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Source: Yahoo! Finance
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump Futures on the London Metal Exchange have dropped about 7% since Thursday's close. The election of Donald Trump to the US Presidency has spurred gains in the greenback as traders bet on tighter-for-longer Federal Reserve policy. Trump has promised to raise tariffs and cut taxes, both of which may add to the inflationary pressure in the economy. The risks were underlined on Wednesday when an index of consumer prices showed its first acceleration on an annualized basis since March. Copper has retreated since hitting a record high in May amid concerns about demand recovery in China, the world's top metals consumer of the metal.
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