McEwen Mining Inc
Global Market Uncertainty, Resurrected
Risk aversion is on the rise again as investors begin to question President Trump’s trade policies and as we’ve begun to see changes in asset allocations.
Energy and Metals Sector Companies Rose on November 21
The companies in the energy sector were higher on November 21. The major ETFs related to the energy sector such as USO and DBO rose 4.4%.
Performance of Companies in Metals and Mining Sector on July 18
On Monday, July 18, the stocks related to base metals and precious metals traded with mixed sentiment amid moderate strength in metals.
China’s Refined Copper Production Increased 4% in April
China produced 607 thousand tonnes of refined copper in April. Although the copper production in April increased on a YoY basis, it declined compared to March.
China’s Real Estate Climate Index Drifted Lower in April
The decline in China’s real estate climate index is another indicator that construction activity slowed down in China. The index has been on an downward trend.
US Copper Demand Strong in Auto Sector, Appliances
Vehicle sales in the US are going strong. US copper demand is holding steady in the automobile sector as well as the appliances sector, thanks to stable consumer confidence.
London Metal Exchange Copper Inventory Sees On-Warrant Stock Dip
A declining on-warrant copper inventory means that more metal is being booked for delivery. This is generally associated with stronger demand.