LIVE FUTURES REPORT 01/05: Comex copper tumbles ahead of Fed meeting

Comex copper prices plummeted during the trading session on Wednesday May 1, with investors bearish before the US Federal Reserve rate decision expected later today.

The copper price for July settlement on the Comex division of the New York Mercantile Exchange tumbled by 5.55 cents to $2.8485 per lb. “The Fed is widely expected to reiterate its dovish stance despite the fact that it is in a bit...

Published

Dalton Barker

May 01, 2019

15:40 GMT

Chicago