Copper Futures Slide Back Ahead of China’s Economic Data

The Wall Street Journal reported that copper futures in New York slipped on the Comex to $3.3425, down 0.5%.

According to the publication:

Some traders were likely moving to the sidelines ahead of important economic data on top copper consumer China slated for release next week, analysts said. The reports include readings on gross-domestic product, industrial output and manufacturing sentiment surveys.

“It looks like we are in for a quiet day,” brokers with RBC Capital Markets said in a note.

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