Commodities
Copper Rises Amid Potential Chinese Stimulus, Demand Boost
Copper gained 0.5% to $9,521.50 a ton as of 5:31 p.m. London time.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Copper rose as investors anticipate a potential stimulus from China, along with boosts from central banks beginning their easing cycle.
Several of China’s top financial regulators, including the head of the central bank, are set to give a press briefing Tuesday. Some investors see that as a potential avenue for announcing an economic stimulus, said Daniel Ghali, commodities analyst at the Toronto Dominion Bank.