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08-18-2016, 06:12 AM
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Copper Down
Reuters
Melbourne LondoncopperdriftedloweronWednesdayas **rthern hemisphere summer holidays drainedmarkets of liquidity and direction, with someweight coming froma dollar rebound aheadofaU.S.monetarypolicymeetinglaterinthe session. The dollar climbed off a seven-week low following hawkish comments from Federal Reserve officials, but scepticism about the Fed´swillingness to tighten policy limited the bounce. A stronger dollar erodes the buying power for commodities users paying with other currencies. Comments by Federal Reserve policymakers that the Fed could raise U.S. interest rates as early as next month also darkened demand prospects for the cash-intensivemetals industry, which has been underpinned by a glut of cheap capital. Three-month Copper on the LondonMetal Exchange edged Down by 0.2 percent $4,803 by 0410 GMT. _ أكثر... 
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العرض الشجري