Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Materials Tick Up on Mixed Fed Messages -- Materials Roundup

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/16/2019 | 04:40pm EDT

Producers of metals and other raw materials ticked up amid mixed messages from central bankers on the outlook for interest rates. Dallas Federal Reserve President Robert Kaplan said he could be persuaded that a tactical rate cut was necessary, but said he did not see signs that previous rate hikes had hurt the economy and indicated he did not support a new rate-cutting cycle. Fed Chairman Jerome Powell emphasized the importance of responding to global economic trends. U.K. mining giant Rio Tinto said it will take longer and cost more than expected to finish building one of the world's biggest copper mines in Mongolia's remote southern Gobi desert.

-Rob Curran, rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
LME COPPER CASH 0.80% 5755.5 End-of-day quote.-1.43%
RIO TINTO LIMITED 1.02% 85.83 End-of-day quote.7.96%
RIO TINTO PLC -0.17% 4057 Delayed Quote.8.98%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
08:33aOVERSTOCK COM : tZERO Crypto App to Add Ravencoin as Third Cryptocurrency
BU
08:32aCANADA HOME PRICES RISE 0.7% IN JULY : Teranet
RE
08:32aKARIņŠ : the untapped trade potential between Latvia and India is sizeable; urges to open an embassy in Riga
PU
08:27aDEUTSCHE BUNDESBANK : 6-months Bills of the European Stability Mechanism (ESM) - Auction result
PU
08:18aBOND REPORT : Treasury Yields Decline As Investors Eye Trade And Fiscal Stimulus Talk
DJ
08:15aDon't Bet on Trump Rescuing the Stock Market -- Streetwise
DJ
08:14aSouth Africa to consider new nuclear in affordable way
RE
08:10aQualcomm strikes new licensing deal with LG
RE
08:07aANRPC ASSOCIATION OF NATURAL RUBBER PRODUCING : releases Natural Rubber Trends & Statistics, May 2019
PU
08:05aLynne B. Wilson Announces an Unrivalled Private 17,000+ Sq. Ft. Lake Arrowhead Masterpiece
SE
Latest news "Economy & Forex"
Advertisement