Copper climbed for a second day as China’s markets reopened after a weeklong holiday and the global metals industry gathers for the annual London Metal Exchange Week. Copper prices that had been largely rangebound for months tumbled last week to the lowest since May as the dollar strengthened and investors bet on higher-for-longer interest rates that are bearish for demand. Readily available LME stockpiles have also climbed sixfold since June in a sign of ample supply, although they remain relatively low by historical standards. Copper and other metals are being driven by macro factors such as currency fluctuations ... (full story)