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Copper: Hovers Near $4.50 Amid Trade Talk Uncertainty
The copper market initially did try to rally during the trading session on Wednesday but gave back gains rather quickly near the $4.80 level to drop pretty significantly. By doing so, it looks as if copper is still trying to sort out what's going to happen between the Americans and the Chinese. Now, I found this interesting because we initially got a shot higher sometime around the first hour or so of futures trading. And basically, the same time it was announced that the Americans and the Chinese are going to start talking in Switzerland fairly soon. But then we fell. I think what that tells you is that the market ... (full story)
