Global S&T Development Trend Analysis Platform of Resources and Environment
Copper price surges on smallest US jobs gain in seven months | |
admin | |
2021-09-03 | |
发布年 | 2021 |
语种 | 英语 |
国家 | 国际 |
领域 | 地球科学 |
正文(英文) | The copper price rose on Friday after data out of the US showed employment growth in the world’s largest economy is sputtering. Copper for delivery in December rose 1% from Thursday’s settlement price, touching $4.351 per pound ($9,572 per tonne) on the Comex market in New York. The dollar dipped, supporting metals prices by making greenback-priced commodities cheaper for holders of other currencies. U.S. hiring downshifted abruptly in August with the smallest jobs gain in seven months, complicating a potential decision by the Federal Reserve to begin scaling back monetary support by year-end. Nonfarm payrolls increased 235,000 last month, trailing all forecasts, after an upwardly revised 1.05 million gain in July, a Labor Department report showed Friday. Economists surveyed by Dow Jones had been looking for 720,000 new hires. Employment in leisure and hospitality, which have posted strong gains recently, was flat amid the spreading delta variant and persistent hiring challenges. The unemployment rate fell to 5.2% from 5.4%. “The Labour market report today is important to the assessment of the Fed,” said Commerzbank analyst Daniel Briesemann just before the numbers were released.
Click here for an interactive chart of copper prices (With files from Reuters and Bloomberg)
|
URL | 查看原文 |
来源平台 | Minging.com |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/336731 |
专题 | 地球科学 |
推荐引用方式 GB/T 7714 | admin. Copper price surges on smallest US jobs gain in seven months. 2021. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
查看访问统计 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[admin]的文章 |
百度学术 |
百度学术中相似的文章 |
[admin]的文章 |
必应学术 |
必应学术中相似的文章 |
[admin]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论