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Commodities
copper
Copper
Follow
XCU
Open
4.917
+0.0733 (+1.51%)
in
:
USD
•
As of: May 17, 2024 06:44
UTC
Prev. Close
4.8436
High
4.9326
Low
4.8126
Overview
News & Analysis
Advanced Chart
History
Stats
Powered By
:
Prev. Close
4.8436
High
4.9326
Low
4.8126
Ask
4.9182
Bid
4.9157
Spread
0.0025
Price Drivers
Positive
EUR/USD
GDP Annual Growth Rate Across the Globe
Value
:
$1.08608
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
Friday, May 17th 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
02:00
CNY
Retail Sales YoY
Apr
High
2.3%
3.8%
3.1%
02:00
CNY
Fixed Asset Investment (YTD) YoY
Apr
Medium
4.2%
4.6%
4.5%
02:00
CNY
Industrial Production YoY
Apr
High
6.7%
5.5%
4.5%
05:30
EUR
Unemployment Rate
Q1
Medium
7.5%
7.4%
7.5%
07:50
CNY
FDI (YTD) YoY
Apr
Medium
-25.0%
-26.1%
09:00
EUR
Inflation Rate YoY Final
Apr
Medium
2.4%
2.4%
12:30
CAD
New Housing Price Index MoM
Apr
Medium
0.0%
0%
Latest News
FXEmpire
May 14, 2024
All Eyes On U.S Inflation Data For Clues On Gold’s Next Big Move – What’s Next?
Copper
+1.51%
Brent Oil
+0.42%
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+0.34%
FXEmpire
May 10, 2024
Here’s Why Gold Prices Will Reach $3,000 In 2024
Copper
+1.51%
Brent Oil
+0.42%
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+0.34%
FXEmpire
May 7, 2024
What Does Stagflation Mean for Commodity Prices?
Copper
+1.51%
Brent Oil
+0.42%
Gold
+0.34%
FXEmpire
May 3, 2024
This Commodity Is Poised For 50% Upside As Energy Transition And AI Demand Booms
Copper
+1.51%
Brent Oil
+0.42%
Gold
+0.34%
FXEmpire
Apr 30, 2024
Keep Your Eyes On Commodity Prices Heading Into May
Copper
+1.51%
Brent Oil
+0.42%
Gold
+0.34%
FXEmpire
Apr 26, 2024
Here’s 3 Commodities Primed For Triple Digit Gains In 2024
Copper
+1.51%
Brent Oil
+0.42%
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