Copper Edges up on Wednesday

Reuters reported that copper rose in London on Wednesday from a six-week low, encouraged by positive economic data coming from China.

As quoted in the market report:

Benchmark three-month copper on the London Metal Exchange edged up 0.37 percent to $7,860 a metric tonne in official midday rings. It touched $7,807.75 the day before, its lowest level in six weeks and below key support at its 200-day exponential moving average.

To view the whole Reuters report, click here.