Copper falls on data of China home prices and U.S. jobs

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Copper declined to the lowest in a week in New York, as signals of increasing China's home prices and falling jobless claims in the U.S. imply that further stimulus will not take place in two largest metal-consumer countries. Copper futures for September settlement dropped 0.4% to $3.117 per pound as of 10:28 a.m. on the Comex, while it traded at $6,880.50, down 0.1%, in London.
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