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Reuters Quote: Metals- Copper Ends Off As Econ Worries Trump Supply Woes
“Demand seems to be the most important side of the equation for all
capital markets right now due to the fact that you have several concurrent
themes that could drastically cut demand,” said Adam Sarhan, chief
executive of Sarhan Capital.
“If the debt situation is resolved swiftly and there is no demand
destruction in the ramifications of the debt situation, then the focus is
going to shift back to the supply side of the equation, and the strike will
re-emerge as a leading force to drive copper prices.”Adam Sarhan Media Quote- MSN.com
Copper surged nearly three per cent to its priciest level in one week high on Friday, driven by strong labour market and services sector data from the United States that reinforced confidence about the pace of recovery in the economy. The economically-sensitive base metal rallied alongside a sharp move in global equities, that propelled the…
Adam Sarhan MarketWatch Quote: European stocks fall after data deluge
Dec 10 2013 Telecoms move after ratings changes By Sara Sjolin, MarketWatch LONDON (MarketWatch) — European stock markets dropped on Tuesday after a mixed bag of data from China and major euro-zone economies, while speculation about potential tapering in the U.S. also provided an uncertain backdrop. The Stoxx Europe 600 index (STX:XX:SXXP) lost 0.7% to close at 314.91,…
Adam Sarhan Reuters Quote- Global Stocks: Stocks rise after China cuts rates; gold tumbles
By Wanfeng Zhou NEW YORK | Thu Jun 7, 2012 8:06pm IST (Reuters) – World stocks and the euro pared gains on Thursday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank was ready to shield the economy if financial troubles mount but offered few hints that further monetary stimulus was imminent. Bernanke told a…
Reuters Quote: Wall St. set to open lower ahead of next week's Fed meeting
Markets | Fri Sep 11, 2015 9:00am EDT BY TANYA AGRAWAL Wall Street was set to open lower on Friday as jittery investors await a decision on rate hike by the U.S. Federal Reserve next week. However, the S&P 500 was poised for its biggest weekly gain since July despite the recent volatility that has…
@Forbes: Bad News Coming For These Countries If Fed Raises Rates On Thursday
SEP 16, 2015 @ 04:24 PM It’s going to be a hard row to plow for a number of emerging markets if the Federal Reserve Bank raises interest rates on Thursday as some expect. Moody’s said on Wednesday that at least two BRIC markets, namely Brazil and Russia, were in for an even ruder awakening…
