Metals-Copper slips on rising virus cases, economic worries – ZAWYA

Metals-Copper slips on rising virus cases, economic worries – ZAWYA

Metals-Copper slips on rising virus cases, economic worries In Europe, shares fell on dismal earnings reports    Image used for illustrative purpose. Copper rods used to machine parts are stacked on a shelf at Makerite Manufacturing on October 07, 2019 in Roscoe, Illinois. LONDON - Copper prices slipped on Thursday as investor confidence was hit by a resurgence of coronavirus cases and more evidence of the economic impact of the pandemic."I have the strong feeling that this V-shaped recovery is being questioned, or at least taking a pause," said analyst Carsten Menke at Julius Baer in Zurich.The three most populous U.S. states set one-day records for COVID-19 deaths on Wednesday, while Australia and India reported record daily coronavirus infections on Thursday. "I have the strong feeling that this V-shaped recovery is being questioned, or at least taking a pause," said analyst Carsten Menke at Julius Baer in Zurich.LONDON - Copper prices slipped on Thursday as investor confidence was hit by a resurgence of coronavirus cases and more evidence of the economic impact of the pandemic.The three most populous U.S. states set one-day records for COVID-19 deaths on Wednesday, while Australia and India reported record daily coronavirus infections on Thursday. In Europe, shares