A gradual upside move from the low of $4.0400 on COMEX may be holding the buyers' bet on the copper prices but follow up of a sheer downside move looks favored as demand worries fueled up by Federal Reserve (Fed) chair Jerome Powell’s statement. Copper prices are on the tenterhooks as the market pundits are betting over a major slump in the aggregate demand going in the remaining year and hopefully for the next year. Fed’s Powell in his interview with Marketplace national radio program cited that interest rates could be elevated by 50 basis points (bps) each in its next two monetary policy meetings. And, investors ... (full story)