angle-double-right calendar

Sign up today to view these articles!

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
OR

This Morning

Jun 15, 2020, 16:17 PM by Weekly Market Report
The Bloomberg Commodity Index was down around 0.3% in late morning trading as precious metal and copper prices lost ground.

 

  • In New York, COMEX gold futures declined 0.7% to $1,725 per troy ounce while copper futures fell 1.3% to $2.58 per pound. NYMEX crude oil futures started the day in negative territory but subsequently rebounded above $36 per barrel.
  • In London, LME 3-mo. copper eased to around $5,736/mt, while 3-mo. aluminum and nickel edged up to $1,584/mt and $12,830/mt, respectively, as of this writing.
  • In foreign exchange trading the dollar lost ground against most major trading rivals, with the euro buying $1.128 and the greenback buying 107.25 Japanese yen ahead of this week’s monetary policy statement from the Bank of Japan.
  • On Wall Street, stocks started the morning in negative territory on losses attributed to renewed coronavirus concerns, but most of those losses had been reversed by mid-day.
ThisMorning0615
Load more comments
avatar
Login to be able to comment