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24 Feb 2020

Copper Futures: Still room for further upside

CME Group’s flash figures for Copper futures markets noted open interest and volume increased by around 1.1K contracts and around 32.6K contracts, respectively, at the end of last week.

Copper: Extra gains not ruled out but 2.6250 is a tough barrier

Friday’s move up in prices of the base metal was in tandem with rising open interest and volume, leaving the scenario ripe for extra gains. The upside, however, still faces strong resistance in the 2.6250 level.

Feb 24, 2020

GBP/USD could have charted an interim bottom – UOB

Cable could now move into a consolidative fashion, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted last Friday that ‘d
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Feb 24, 2020

Coronavirus: US 10-year yields lose 1.40% South Korea reports 70 new cases, Italy fourth death

The coronavirus outbreak continues spreading over the world and causes havoc in financial markets. US bond yields fall below 1.40%, Gold prices contin
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