Copper retreats from 1-month low on the stronger Euro, equities

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Source: Reuters
© Scanpix/Reuters

On Tuesday, copper was traded higher, following stronger equities and the Euro and retreating from a 1-month low. Moreover, investor sentiment was also positively influenced by an upcoming European leaders meeting, which may reduce uncertainty over Spanish and Greek bailout. On the London Metal Exchange, three-month copper was traded at $8,145 per metric tonne.

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