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METALS-Copper eases on slowdown concerns; market eyes U.S.-China trade deal

London copper prices edged lower on Monday as concerns over an economic slowdown in top consumer China weighed on the market, although hopes of a Sino-U.S. trade deal kept investor optimism afloat, curbing sharp declines in the metal. FUNDAMENTALS * Three-month copper on the London Metal Exchange was down 0.2% at $5,840 a tonne, as of 0129 GMT, giving up some of previous session's gains. * The most-traded copper contract on the Shanghai [Source]

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Origin: reuters.com

Category: companyNews

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Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/SI_tfd0SrxY/metals-copper-eases-on-slowdown-concerns-market-eyes-u-s-china-trade-deal-idUSL4N27Y08L

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