CPER

Commodity Roundup: Oil benchmarks face 7th weekly loss; WASDE report in focus

Oil prices rise on friday, but both benchmarks head for 7th straight weekly loss. European gas extended gains as cold snap in europe boosts demand for heating fuel. Soybean futures ticked up ahead of usda wasde report; wheat and cocoa fall ahead of report. Gold heads for a nearly 2% weekly loss; copper prices advance, but set for first weekly fall in four.

Commodity Roundup: Metals trade in green, U.S. crude floats above $70/bbl

Metals trade in green, u.s. Crude falls below $70/bbl for the first time since early july. Spot gold prices rise on hopes of a cut in interest rates by the federal reserve. Both oil benchmarks trading in green; soybean and wheat prices gain; cocoa futures fall.

Uncertain Global Economic Recovery Looms Over Copper

Lme copper prices are now close to where they were a year ago. Short-term demand outlook for the red metal remains weak amid recession fears, china's slowdown in the property sector, and weakening global manufacturing activity. Copper prices will be supported by a weaker us dollar on the back of fed easing in 2024. China’s recovery is still uncertain and a slump in copper demand remains a headwind.

Commodity Roundup: Gold steady as traders exhibit caution; copper, aluminium and nickel gain

Precious metal prices inched higher; copper, aluminium and nickel prices advance on money supply boost in china. Spot gold trades in green after two-straight days of losses. Oil and natural gas prices trade in red; soybean, wheat and corn prices rise; cocoa futures fall.

Commodity Roundup: Metals tick lower as traders pare aggressive rate cut bets; oil up

Precious metal prices inched lower as traders pause on aggressive rate cut bets. Spot gold down -0.23% to $2,025.10 an ounce as investors pare bets on fed rate cut. Soybean and wheat prices gain, while cocoa falls. Oil and natural gas prices are trading higher on opec+ output cuts.

Copper drops as dollar strengthens, Panama mine suspended

Copper drops as dollar strengthens, panama mine suspended, doubts resurface over chinese demand prospects. U.s. Treasurys sell off as two-year yield jumps to four-month high. Copper prices also supported by supply disruptions in panama, with operations suspended at cobre panama mine.

Weekly Report: what happened at CPER last week (1127-1201)?

Freeport-McMoRan: Copper's Rally Helps, But Shares Near Fair Value

Copper prices have jumped to 3-month highs in recent weeks. Freeport-mcmoran is one of the world's largest copper producers. I see shares near fair value, in my view. Fcx operates mines in north america, south america, and indonesia.