Copper rises as U.S.-China trade talks set to resume

From uk.reuters.com

Copper jumped to a three-week high on Tuesday after U.S. President Donald Trump said trade talks with China would resume ahead of a meeting at the G20 summit, raising hopes for a resolution to the damaging conflict. The tit-for-tat trade war between the world’s top two economies has sapped demand for metals and overshadowed strong fundamentals in markets such as copper, analysts say. “The metals group had been oversold over the last few days and the trade war news may have prompted some short covering after the two presidents agreed to meet at the G20 Summit,” said INTL FCStone analyst Edward Meir. ... (full story)