CAPITAL MARKETS

Copper posts biggest rise in five weeks

US stocks sunk overnight after Federal Reserve officials reportedly called for another 50 basis point interest rate rise after positive economic data this week.

Copper posts biggest rise in five weeks

The S&P 500 dropped 1.4% and ASX futures were down 18 points. A weaker US dollar was good for most base metals. Copper jumped 1.9% to US$8991.50 per tonne, the biggest gain since January 11. Gold...

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