iBankCoin
Joined Nov 11, 2007
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Copper Leads Metals Higher

“Copper led metals higher before a U.S. report that may show employment climbed in the world’s largest economy, while the yield on Spain’s 10-year bonds fell below 4 percent for the first time since 2010. European stocks and U.S. index futures were little changed.

Copper jumped 4.2 percent and zinc increased 2.1 percent at 7:56 a.m. in New York. The Spanish 10-year yield dropped eight basis points to 3.97 percent, and the Italian 10-year yield fell to the lowest since February 2006. The euro strengthened against the dollar and the yen. The Stoxx Europe 600 Index advanced 0.1 percent, while futures on the Standard & Poor’s 500 Index retreated 0.1 percent….”

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