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Bloomberg reported that copper saw volatile trading on Monday in London, pulled back and forth on news of a Chinese debt audit.
Bloomberg reported that copper saw volatile trading on Monday in London, pulled back and forth on news of a Chinese debt audit.
As quoted in the market report:
The review, ordered by the State Council, underscored dangers to the economy from borrowing by local governments and an expansion of non-traditional sources of credit. The Bloomberg U.S. Dollar Index, measuring the greenback against 10 currencies, headed for a sixth drop in seven sessions.
