Copper Holds Ground on Signs of Chinese Slowdown Moderating

Reuters reported that copper held steady ground in Monday trading, given traction by signs that the Chinese slowdown is moderating.

As quoted in the market report:

China’s factory output grew in July at its fastest pace since the start of the year, adding to a run of data suggesting the world’s No.2 economy may be stabilising after more than two years of slumping growth.

To view the whole Reuters report, click here.