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Copper rises as improving China demand offsets Fed rate-hike pressure

Three-month copper on the LME (CA1!) rose 0.4% to $14,295.50/metric ton by 0715 GMT as improving physical demand in China outweighed pressure from the U.S. Federal Reserve’s rate hike.

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S. Three-month copper on the London Metal Exchange LME:CA1! 50 a metric ton as of 0715 GMT. The most-traded copper contract on…