Sydney
Copper eased in Asia on Tuesday, coming under pressure from investors looking to book gains after a surprise overnight lift in the London contract following a market-friedly French presidential vote.
"Copper gained some steam on the back of the French election, but that hasn´t held up in Asia," said a Perth-based commodities trader. Copper rose on Monday as centrist candidate Emmanuel Macron´s strong performance in the first round of the French presidential election boosted appetite for cyclical assets, sending stock markets sharply higher.
The most-traded copper contract on the Shanghai Futures Exchange slipped 0.04 percent to 45,740 yuan ($6,644.)a tonne.
Mining company Anglo American reported a 9 percent rise in overall production for the first quarter of 2017 compared with 2016, but copper output fell 3 percent because of poorer grades and a temporary suspension at the El Soldado mine in Chile.
This initiative enables them to earn a dignified livelihood for their families
The event will host more than 700 booths, including leading global and Pakistani tech giants
Gold rates increased by $8 to all-time high rates of $2,371 per ounce in the international market
Strong retail sales prompted economists at Goldman Sachs to boost their gross domestic product
The IMF dictates its terms based on our past performance
Goldman's profit rose 28 percent to $4.13 billion, or $11.58 per share, in the first quarter
