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Copper Drops on Concern over China, German Economic Prospect
Jun. 06, 2013 04:35AM PST
Base Metals Investing
Bloomberg reported that copper dropped from its two-week high in London trading today, weighed down by concerns over the U.S. and German economies and likelihood of demand.
Bloomberg reported that copper dropped from its two-week high in London trading today, weighed down by concerns over the U.S. and German economies and likelihood of demand.
As quoted in the market report:
Sentiment is poor, so every data release becomes a potential body blow to the broader market,” George Adcock, an analyst at Marex Spectron Group in London, said by e-mail.
