Drop in Chinese GDP Pushes Copper Down

Reuters reported that copper joined other base metals in decline on Monday, pushed down by Chinese data suggesting an economic slowdown.

As quoted in the market report:

China’s economic growth slowed to 7.5 percent in the second quarter, from 7.7 percent in the first quarter, though the figures were in line with expectations, helping to limit copper’s losses.

To view the whole Reuters report, click here.