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Copper, Equities Rally as JPY Slumps


February, 13 2017
watermark Economic news

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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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.