Copper Edges up 0.1 Percent in London, as Investors Await Outcome of FOMC

Reuters reported that copper crawled upwards on Wednesday, but is staying close in range to six-week lows, as investors were staying on the sidelines in advance of outcome of the FOMC meeting.

As quoted in the market report:

The Fed is what people are watching very closely,” Barclays analyst Gayle Berry said. “But even though we could have some big news from a macro perspective, when you look at it on a micro perspective things are actually looking okay for copper.

To view the whole Reuters report, click here.