Copper22 Feb 2021 22:26
NEW YORK, Feb 22 (Reuters) - Global stock markets fell on
Monday as expectations of faster growth and quickening inflation
battered bonds, boosted commodities and led to a further
rotation out of the big tech names that have driven the equity
rally during the pandemic.
Gold rose more than 1% and copper prices shot above $9,000 a
tonne for the first time since 2011 on the prospect for
inflation and growth, while the dollar slumped to multi-year
lows against the British pound and the Australian dollar.