Ad
related to: comex copper live prices today nyse stock symbol for volkswagen service
Search results
Results From The WOW.Com Content Network
Based on Thursday’s close at $3.1230 and the price action, the direction of the copper market on Friday is likely to be determined by trader reaction to the Fib level at $3.1020.
The Bloomberg Commodity Index (BCOM) is a broadly diversified commodity price index distributed by Bloomberg Index Services Limited.The index was originally launched in 1998 as the Dow Jones-AIG Commodity Index (DJ-AIGCI) and renamed to Dow Jones-UBS Commodity Index (DJ-UBSCI) in 2009, when UBS acquired the index from AIG.
In 1933, the COMEX was established through the merger of four smaller exchanges; the National Metal Exchange, the Rubber Exchange of New York, the National Raw Silk Exchange, and the New York Hide Exchange. Through the 1970s, 80's and 90's COMEX, NYMEX, and other exchanges shared a single trading floor [6] in 4 World Trade Center.
Bombay Stock Exchange: BSE India: Base metal, agricultural, energy, precious metals Manila Commodity Exchange: MCX Manila, Philippines Base metals, agricultural, energy, and currencies International Commodity Exchange Kazakhstan: Almaty, Kazakhstan Industrial and Mineral Products, Oil by-products and petrochemicals, Agricultural
Based on Wednesday’s price action, the direction of the July Comex High Grade Copper market is likely to be determined by trader reaction to the main Fibonacci level at $3.0575.
And the recent movement in copper prices is a perfect illustration of this risk. Nevertheless, this is a time when investors should be looking at copper stocks to buy.
On August 18, 2008, shareholders approved a merger with the New York Mercantile Exchange (NYMEX) and COMEX. CME, CBOT, NYMEX, and COMEX are now markets owned by CME Group. After the merger, the value of the CME quadrupled in a two-year span, with a market cap of over $25 billion. [2]
"But I go back to the 2000s, I was bullish on oil then as I am on copper today," he added, recalling that crude shot up from $20 to $140 per barrel at the time. "So the upside on copper here is ...