MB:Copper below $9,000 in LME pre-market as bad news keeps coming
Copper slipped back below $9,000 per tonne during pre-market trading on the London Metal Exchange on Monday, after poor economic data on Friday saw a bearish end to last week
Copper slipped back below $9,000 per tonne during pre-market trading on the London Metal Exchange on Monday, after poor economic data on Friday saw a bearish end to last week. Three-month copper opened the day at $9,035.75 per tonne, after settling in Friday’s official session at $9,072/73. The red metal fell in kerb trading on Friday after US non-farm payroll figures were reported unchanged in August, the weakest reading since September 2010. “One set of figures can make the market...