The price of buyer is nearly 10 thousand dollars per ton with marketing the market decisive data

The price of buyer trades in about three weeks near its highest closure, with investors waiting in the coming days for the issuance of major economic data from the United States and China. The metal moved between limited profits and losses on the London Metal Stock Exchange, after rising more than 1% on Tuesday, to the US inflation data that strengthened the bets that the Federal Reserve could lower the interest rate in September. Traders are now awaiting the issuing of retail sales -data in the United States, as well as important economic data from China on Friday. Industrial minerals recorded relatively well in August, partly supported by the decline in the US dollar. Buyer ignores the fears of the prices of copper, zinc and aluminum prices by more than 2%, while the red metal has ignored low prices speculation, after US President Donald Trump prevents them from placing extensive fees on the metal. China’s data that is expected to be released on Friday contains indications of retail sales, industrial production and investment in fixed assets, to give investors the latest image of the performance of the largest economy in Asia. Meanwhile, the immediate copper price fell 0.02% to $ 9838.50 per ton at one hour of the afternoon Shanghai time. While future iron ore contracts on the Singapore Stock Exchange rose 0.1% to $ 104.55 per tonne, he has been on his way to the highest closure since July 24.