Copper advances to 3-week high on expectation for monetary stimulus

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Par
Copper reached highest level in three weeks amid speculation the Federal Reserves and the People's Bank of China will continue monetary expansion. Copper futures for September settlement advanced 2.3% to $3.161 per pound as of 11:10 a.m. on the Comex in New York as China and the U.S., the largest metal consumers in the globe, maintain dovish stance.
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