Copper is flat in early Asian trading. Concerns over U.S. monetary policy is weighing on sentiment, and a stronger U.S. dollar is creating headwinds, keeping investor appetite subdued, ANZ Research writes in a note. Still, copper likely found some support from signs of stronger demand in China, ANZ adds. The three-month LME copper contract is flat at $13,274.00 a ton. (kimberley.kao@wsj.com)
Dow Jones Newswires
Copper Steady; Investor Appetite Remains Subdued — Market Talk
- Sources
- Dow Jones Newswires
- Markets
- Futures
- Active symbols
- CAPITALCOM:XCUUSD, COMEX:HG1!, MCX:COPPER1!
- Language
- English
Copper is flat in early Asian trading. Concerns over U.S. monetary policy is weighing on sentiment, and a stronger U.S. dollar is creating headwinds, keeping investor appetite subdued, ANZ Research writes in a note. Still, copper likely found some support from signs of stronger demand in China, ANZ…