EghtesadOnline: A broad-based rally in commodities from oil to copper underpinned gains in producers of raw materials in Asia, while bonds fell as the Federal Reserve prepares to conclude its policy meeting.
EghtesadOnline: The dollar’s gains reverberated across emerging markets as the case for multiple U.S. interest-rate increases strengthened. Copper surged.
EghtesadOnline: The dollar retreated from a six-month peak against the yen on Tuesday, while a push higher for copper and iron ore prices drove commodities-linked currencies higher, led by the Australian dollar.
EghtesadOnline: Contrary to the great expectations concerning the copper industry’s potentials, mineral exploration initiatives undertaken by the government have so far borne no fruit.
EghtesadOnline: Iran is the leading copper producer in the Middle East and North Africa region.