Copper rises on supply concerns, despite Fed hike expectations
Copper prices rise in early European trading as the market weighs supply concerns against growing expectations the Federal Reserve will raise rates this month. LME three-month futures are up 0.4% at $14,439 per metric ton.
Copper prices rose in early European trading despite growing expectations that the Federal Reserve will raise interest rates this month, which weighed on the metals demand outlook. 4% to $14,439 a metric ton, supported by continued supply concerns.