Copper prices fell on Friday but were set to end the week up 3% as bets that inflation may have peaked in the United States powered a broad shift towards riskier assets. US consumer prices did not rise in July compared with economists’ expectation of a 0.2% gain, a report that could allow the Federal Reserve to dial down the size of its interest rate hike in September. Data also showed on Friday that euro zone industrial production grew three times more than expected in June. Copper for delivery in September fell 1.4% on the Comex market in New York Friday afternoon, touching $3.65 per pound ($8,030 per tonne). ... (full story)