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0 0 0.000273972602739866 0.000273972602739866 0 -0.00465753424657539 -0.00465753424657539 0.0027397260273973
Stock impact report

METALS-Copper steady on Chinese data, aluminium falls on stock inflow [Reuters]

Alcoa Corporation (AA) 
Last alcoa corporation earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
Company Research Source: Reuters
METALS-Copper steady on Chinese data, aluminium falls on stock inflow | Reuters 3 Min Read (Updates with closing prices) By Peter Hobson LONDON, Oct 17 (Reuters) - Copper prices held steady on Wednesday as better than forecast Chinese lending data signalling solid economic growth in the world’s biggest metals consumer was offset by signs that a supply squeeze in China was receding. Aluminium meanwhile fell after a second day of large inflows of metal into London Metal Exchange warehouses. “For copper, on the macro side, the (Chinese) data was slightly better than expected, so that’s a positive,” said Deutsche Bank analyst Nick Snowdon. “But on the physical side (there are) slightly softer signals in terms of Chinese import demand in the near term,” he said. COPPER: Benchmark copper on the London Metal Exchange (LME) closed down 0.1 percent at $6,219 a tonne. RANGE-BOUND: Copper has been locked between around $6,100 and $6,350 since late September. Fears that a U.S.-China trade dispute Show less Read more
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