Markets

Morning Copper Market Report 11/26

The copper market traded lower early in today's session, but December copper was able to recover and reach the highest price levels since November 7th. With a lack of definitive news flow on copper from China, some traders feel that the copper market has been left to indirectly track US equity market action during today's session. The copper market has not seen concrete developments from the Chinese leadership shift just yet, while other traders feel that it may be difficult for copper prices to climb far above the recent highs without some hint of stimulus flowing from the newly installed Chinese leadership.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities