METALS-Copper ends firm on mounting economic confidence

Base Metals Investing

Copper ended up for the third straight session on Monday.

Copper ended up for the third straight session on Monday.

Reuters market news is quoted as saying:

“I think this is more about the continued data improvement,” Matthew Zeman, head of trading with LaSalle Futures Group in Chicago, said of copper’s bullish start to the week. “We have seen improvement in jobs, manufacturing … pretty much everything across the board with the exception of housing so all-in-all, I think it’s just people looking ahead.”

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