Copper Jul 22 (HG=F)
| Pre. Settlement | N/A |
| Settlement date | 2022-07-27 |
| Open | 3.7410 |
| Bid | 3.7345 |
| Last price | 3.7390 |
| Day's range | 3.6400 - 3.7980 |
| Volume | |
| Ask | 3.7410 |
- Bloomberg
Global Commodity Shock Enters Next Phase With Recession Test
(Bloomberg) -- Commodities will get intense scrutiny for the rest of 2022 after a first half dominated by the supply turmoil and inflationary shocks unleashed by Russia’s attack on Ukraine. Here, we look at what the rest of the year holds for raw materials from crude oil and natural gas to grains, gold, and iron ore.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightStocks Roar Back With Best Week in a Month: Markets WrapJuul’s Vaping Products Are Ordered Off
- The Telegraph
Germany triggers ‘alarm’ stage of emergency gas plan as Putin cuts supplies
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- Financial Times
Copper price at 16-month low as slowdown fears hit industrial metals
Copper prices fell to a 16-month low on Thursday in the latest sign of recession fears gripping the wider industrial metals market. Often seen as a gauge of economic activity because of its use in everything from household appliances to electric vehicles, copper was 4.5 per cent lower at $8,387 a tonne in late trading. It is now down 14 per cent for the year.
