Copper Dips in Advance of Chinese Data

Base Metals Investing

Reuters reported that copper joined other metals in decline on Friday, pushed down by a strong dollar and by wary investors awaiting the release of Chinese data next week.

Reuters reported that copper joined other metals in decline on Friday, pushed down by a strong dollar and by wary investors awaiting the release of Chinese data next week.

As quoted in the market report:

But while shares continued to rise on Friday, caution set in on the metals markets as concerns about demand for commodities in top consumer China resurfaced after dismal trade numbers this week, and ahead of gross domestic product (GDP) data on Monday.

To view the whole Reuters report, click here.

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