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Copper, Equities Rally as JPY Slumps

February, 13 2017

Asian stocks rallied across the globe as investors anticipated the release of data which will provide insights on the state of US consumer prices, as well as comments from certain Fed officials. Meanwhile, the Japanese yen dropped in value on Monday as a reaction to the surge in the value of the S&P 500 index last Friday. Chinese shares on the Hong Kong trading floor also recorded its highest winning streak in almost two months, while commodity producers received support from an increase in the value of both iron ore and copper.

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Stock market analytics, financial forecasts

Copper, Equities Rally as JPY Slumps

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