Copper hits five-month low as U.S.-China trade dispute weighs

From reuters.com

Copper sunk to a five-month low on Wednesday as a firmer dollar and anxiety about the fallout on growth and demand from the U.S.-China trade dispute outweighed dovish comments from the U.S. Federal Reserve chairman. Benchmark copper on the London Metal Exchange fell 1.5 percent to $5,792 a tonne in after-hours electronic trading, the weakest since Jan. 4. It had shed 0.6% to $5,807 a tonne in closing open outcry trading, reversing direction after earlier touching a high above $5,900. The market has been losing ground in recent months on worries about demand in China, which accounts for around half of global ... (full story)