Monday, 21 November 2016

Equity Investment Singapore : Hedge funds embrace copper's wild ride .

Image result for copper

SINGAPORE/NEW YORK-The greatest copper rally in right around six years is leaving mutual funds squaring off with Goldman Sachs Group Inc. 

Prospects in New York bounced 18% in only a month. The additions were pushed by a drop in London Metal Exchange-checked inventories and theory that Donald Trump's vows on foundation building will expand metals request. The president-elect appears to have persuaded cash directors, who supported their bets on further value increases to the biggest ever.

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