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Stock impact report

METALS-Copper firms on slowing coronavirus infections, inventory drop [Reuters]

Accendra Health, Inc. (ACH) 
Company Research Source: Reuters
METALS-Copper firms on slowing coronavirus infections, inventory drop * GRAPHIC-2020 asset returns: tmsnrt.rs/2jvdmXl * Net spec shorts rise across base metals - Marex Spectron * Copper inventories dip in China and on LME (Updates official prices, adds Japan stimulus, nickel graphic) By Zandi Shabalala LONDON, April 6 (Reuters) - Copper firmed on Monday, supported by a slowdown in coronavirus deaths in some European countries and falling inventories, though fears of recession continued to weigh on prices. Benchmark copper on the London Metal Exchange (LME) gained 0.8% to $4,881 a tonne in official trading. Its 1% rise last week on positive factory data from top consumer China snapped a six-week losing streak. Deaths and new infections from the coronavirus eased in countries including France, Italy and Spain. Meanwhile Japan became the latest country to unveil a stimulus package to cushion its economy against a knock from the epidemic. “As major economies reach and get over the peak o Show less Read more
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