* London Metal Exchange copper for three-months deliveryMCU3 ended down $10 at $5,520 a tonne. "Market tone is very positive right now for third quarterGDP to be positive and that's also giving a bullish tilt," saidMichael Maniatis, market strategist at Chicago's LaSalleFutures Group. macroeconomic data due in the week ahead-- from fourth-quarter GDP to sales of new homes and durablegoods -- will determine if the market can test the $2.75-lbpsychological resistance, analysts said. consumer confidence for late July, asindicated by a Reuters/University of Michigan consumer survey,tempered gains and set the stage for a mild consolidation.[ID:nN24449821] * A raft of U.S. * Improved euro zone services and manufacturing data, aswell as a better-than-expected German sentiment survey whichpropped up global stock markets, bolstered sentiment further,traders said [ID:nLO728431] * But a weaker U.S.
That did not materialize when the dollar turned weakagain on Friday, providing fresh support to prices. * Range ran from $2.4895 to $2.5440, which marked a newhigh dating back to Oct 7 * Resistance eyed at $2.5930 and $2.6060 - chartists. * COMEX's estimated futures volume at final trade was14,873 lots IZQI. On Thursday, the exchange did a totalbusiness of 27,309 lots on an open interest at 120,765,exchange data showed. IATZ * Traders had initially expected investors to takesubstantial profit from the market's rally to nine-month highsthis week. (Reporting by Ritsuko Ando; Editing by Derek Caney, Gerald E.McCormick, Carol Bishopric, Gary Hill) Stocks. NEW YORK, July 24 (Reuters) - U.S.
copper futures ended atouch lower on Friday, consolidating after a 4 percent gain onthe week brought on by investor optimism about the economy. Stocks For detailed report on global copper markets, click on[MET/L] * Copper for September delivery HGU9 settled down 0.20cent, or 0.08 percent, at $2.5220 a lb on the New YorkMercantile Exchange's COMEX division. "While most companies that we cover could get by with aslight top-line miss in this macro environment and good costcontrols, Riverbed's generous valuation and lofty Streetexpectations will be put into question on the heels of aslowing revenue trajectory," FBR Capital Markets analyst DanielIves said in a research note. Shares in Riverbed -- a specialist in wide area network(WAN) optimization, which helps speed up network traffic --tumbled 17 percent to $21.15. Analysts said second-quarter results were unexpectedlyweak, and that third-quarter outlook was on the softer side ofexpectations.

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