Mumbai, March 27 -- COMEX Copper futures eased a bit today after hitting record high in last session as market remained cautious following the latest policy missive from the US President Donald Trump. Trump announced plans to impose 25% tariffs on cars from overseas, thereby triggering a wave of concern on world auto trade and how it will impact the global economic scenario. The red metal currently trades at $5.23 per pound, down 0.22% on the day. Equities were mixed today. China's Shanghai Composite index gained 0.15% while Hong Kong's Hang Seng index rose 0.4%. Japanese Nikkei index fell 0.60%. European stocks fell. German DAX is down 0.58% while French CAC has shed 0.38%. The US stocks fell sharply yesterday with the Nasdaq losing 2%. Th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.