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Commodities
copper
Copper
Follow
XCU
Open
5.0406
-0.0333 (-0.66%)
in
:
USD
•
As of: May 21, 2024 07:57
UTC
Prev. Close
5.074
High
5.1072
Low
4.9775
Overview
News & Analysis
Advanced Chart
History
Stats
Powered By
:
Prev. Close
5.074
High
5.1072
Low
4.9775
Ask
5.0414
Bid
5.0399
Spread
0.0015
Price Drivers
Positive
EUR/USD
GDP Annual Growth Rate Across the Globe
Value
:
$1.08653
Stronger EUR/USD is bullish for copper as copper is quoted in U.S. dollars
Negative
United States Interest Rate
United States Inflation Rate
Value
:
5.50%
High U.S. Interest Rates are bearish for copper as they put pressure on copper consumption.
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Economic Calendar
All Events
Time zone
:
GMT
Tuesday, May 21st 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
00:30
AUD
Westpac Consumer Confidence Change
May
High
-0.3%
0.9%
-2.4%
01:30
AUD
RBA Meeting Minutes
High
06:00
EUR
PPI YoY
Apr
Medium
-3.3%
-3.2%
-2.9%
07:50
CNY
FDI (YTD) YoY
Apr
Medium
-25.0%
-26.1%
09:00
EUR
Balance of Trade
Mar
Medium
€19.9B
€23.6B
12:30
CAD
Core Inflation Rate YoY
Apr
Medium
2%
2%
12:30
CAD
Inflation Rate MoM
Apr
Medium
0.5%
0.6%
Latest News
FXEmpire
May 17, 2024
Here’s Why The Booming AI Revolution Makes This Commodity A Compelling Buy
Copper
-0.66%
AMZN
-0.60%
AAPL
+0.64%
FXEmpire
May 17, 2024
Silver Price Forecast – Surging Chinese Demand Could Trigger Immediate Price Spike
Copper
-0.66%
SILJ
+2.24%
GDX
+1.06%
FXEmpire
May 14, 2024
All Eyes On U.S Inflation Data For Clues On Gold’s Next Big Move – What’s Next?
Copper
-0.66%
Brent Oil
-0.98%
Gold
-0.30%
FXEmpire
May 10, 2024
Here’s Why Gold Prices Will Reach $3,000 In 2024
Copper
-0.66%
Brent Oil
-0.98%
Gold
-0.30%
FXEmpire
May 7, 2024
What Does Stagflation Mean for Commodity Prices?
Copper
-0.66%
Brent Oil
-0.98%
Gold
-0.30%
FXEmpire
May 3, 2024
This Commodity Is Poised For 50% Upside As Energy Transition And AI Demand Booms
Copper
-0.66%
Brent Oil
-0.98%
Gold
-0.30%
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