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METALS-Copper leads metals lower despite demand prospects

"Most of the move has been Chinese speculatively driven, particularly the move towards $6,000- it just seems too far," Citi analyst David Wilson said. Prices have traded in a $5,600- $6,045 range since late November, peaking last week at $6,045.50, the highest since mid-2015. "We were very surprised at the rise in metals last month and even more surprised that they held...

Source: Reuters

METALS-Copper climbs, buoyed by better demand and lower stocks

LONDON, Dec 7- Copper rose on Wednesday, supported by prospects of higher demand from the world's largest economies and as inventories dwindled, but concerns remained over the pace of the metal's gains. New orders for U.S. factory goods recorded their biggest increase in nearly 1-1/ 2 years in October, further evidence that the manufacturing sector is recovering...

Source: Reuters

METALS-London copper climbs, buoyed by US manufacturing pick up

MELBOURNE, Dec 7- London copper rose on Wednesday, buoyed by signs that global manufacturing activity will return to a firmer footing next year and as metals attracted fresh interest from investors. New orders for U.S. factory goods recorded their biggest increase in nearly 1-1/ 2 years in October, further evidence that the manufacturing sector is gradually...

Source: Reuters

METALS-London copper drifts as U.S. manufacturing data provides buoyancy

*Coming Up: Germany Industrial output Oct at 0700 GMT. MELBOURNE, Dec 7- London copper was treading water on Wednesday, buoyed by signs that global manufacturing activity will return to a healthier footing next year. Commodities have also found support from expectations that the dollar will weaken under President Trump, said Jonathan Barrett, chief investment...

Source: Reuters

METALS-London copper drifts in quiet trade, U.S. manufacturing figures support

MELBOURNE, Dec 7- London copper was treading water on Wednesday, but was largely buoyed by falling inventories and signs that global manufacturing activity will return to a healthier footing next year. Prices have traded in a $5600- $6045 range since late November, peaking at $6045.50 a tonne last week which was the most expensive since June 2015.

Source: Reuters

RPT-COLUMN-Coking coal surge may extend if China cracks down on North Korea: Russell

LAUNCESTON, Australia, Dec 5- The already elevated price of coking coal could be boosted further if China decides to crack down on coal imports from its nuclear-armed neighbor North Korea. So far, the official line from Beijing is that China will meet its obligations under the U.N. Security Council sanctions, but as was the case earlier this year, it appears the...

Source: Reuters

COLUMN-Coking coal surge may extend if China cracks down on North Korea: Russell

LAUNCESTON, Australia, Dec 5- The already elevated price of coking coal could be boosted further if China decides to crack down on coal imports from its nuclear-armed neighbour North Korea. So far, the official line from Beijing is that China will meet its obligations under the U.N. Security Council sanctions, but as was the case earlier this year, it appears the...

Source: Reuters

PRECIOUS-Gold prices nudge up after Italian PM resigns

Dec 5- Gold edged up in early Asian trade on Monday as jitters over the resignation of Italian Prime Minister Matteo Renzi after losing a referendum on constitutional reform induced safe-haven buying. *The euro sank to 20- months lows in Asia on Monday after Italian Prime Minister Matteo Renzi said he would resign in the wake of a stinging defeat on...

Source: Reuters

CANADA STOCKS-TSX makes small gain, on track for flat week

TORONTO, Dec 2- Canada's main stock index eked out a small gain in morning trade on Friday as miners rose with gold and financial stocks pulled back at the end of a busy week of earnings. Energy stocks also moved lower after notching sharp gains earlier in the week as an OPEC deal to curtail production sent crude prices soaring, with Suncor Energy Inc down 0.8 percent...

Source: Reuters

Russia: Space ship malfunctions, breaks up over Siberia

MOSCOW— An unmanned Russian cargo spaceship heading to the International Space Station broke up in the atmosphere over Siberia on Thursday due to an unspecified malfunction, the Russian space agency said. The Progress MS-04 cargo craft broke up at an altitude of 190 kilometers over the remote Russian Tuva region in Siberia that borders Mongolia, Roscosmos...

Source: The Associated Press