LIVE FUTURES REPORT 29/11: Comex copper dips; markets react to Fed comments

Comex copper prices were under pressure on Thursday morning in the US, in the aftermath of US Federal Reserve chairman Jerome Powell's dovish comments made on Wednesday.

The copper price for March settlement on the Comex division of the New York Mercantile Exchange reversed down 1.55 cents to $2.7980 per lb.  Powell said interest rates were, "just below neutral levels" while speaking at the New York Economic Club and added that the policy-board does not have a preset rate schedule and will continue to rely on incoming data...

Published

Dalton Barker

November 29, 2018

15:20 GMT

Chicago