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Copper investors are spooked after China authorities took steps to ease inflationary pressures,...

  • Tuesday, February 19, 12:39 PM ET
    Copper investors are spooked after China authorities took steps to ease inflationary pressures, tightening liquidity by reversing policy on repos and draining $4.8B from the system. The move has affected shares of Freeport McMoRan (FCX -2.3%) and Southern Copper (SCCO -2.3%); China equities (FXI -2.1%) also are under pressure.
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This news story has 5 comments:

  •  
    Currency wars. QE in America, Europe, and UK -- and now Japan -- exports inflation to China.
    19 Feb, 03:07 PM Reply Like
  •  
    What effect will this have on gold and silver?
    19 Feb, 05:38 PM Reply Like
  •  
    here is one opinion Interesting Times

    http://bit.ly/YFeVff
    19 Feb, 11:43 PM Reply Like
  •  
    This herd spooks way too easily ...
    19 Feb, 07:32 PM Reply Like
  •  
    Sadly stocks should be spooked more than commodities. Any Chinese tightening is getting reversed by US, Japan, et al loosening which is the real driver of inflation even in China.
    19 Feb, 09:52 PM Reply Like
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