Copper hits a 1-week high on China

On Thursday, copper was traded higher, reaching a 1-week high, as market sentiment was buoyed by Chinese data, which developed in line with expectations. On the NYMEX, December delivery futures were traded at $3.573 per pound, which was a 0.15% gain for the European morning trading hours. Earlier, it hit a session high of $3.764, which was the strongest since October 11.