Copper inches up as investors weigh US job data, Fed rate decision

Copper inches up as investors weigh US job data, Fed rate decision

From brecorder.com

Copper nudged higher after a three-day decline on Wednesday, as market participants awaited the release of delayed US job data, with uncertainties over the Federal Reserve’s rate decision keeping gains in check. The most-active copper contract on the Shanghai Futures Exchange gained 0.15% to 86,060 yuan ($12,107.48) a ton as of 0300 GMT. The benchmark three-month copper on the London Metal Exchange also rose, up by 0.26% to $10,747.5 a ton.Investors are trading cautiously ahead of the release of official September US job data that was delayed by the government shutdown, a key reference for the country’s monetary ... (full story)

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