Copper prices sink as US-China trade tensions flare

Copper prices fell to their lowest level in nearly five months overnight, after a Chinese diplomat ramped up rhetoric that could stoke the trade conflict between the United States and China and possibly erode metals demand.

Market report: Thursday, December 3

UPDATED: The Australian dollar has fallen on the back of increased expectations of an interest rate rise in the US and following weak international trade figures.

RBA confident about China, commodities

A Reserve Bank official is confident that the worst is over for commodity prices and Australia will continue to benefit from a strong Chinese economy.