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Copper inches higher as Fed rate-hike clears uncertainty

Copper prices edged up on Monday after the Fed’s last week’s rate hike reduced uncertainty over rates. Three-month LME benchmark CA1! rose 0.06% to $14,530.5.

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Copper prices edged higher on Monday after last week’s US Federal Reserve rate hike eased months of uncertainty around interest rates, while optimism remained over strong demand from China. Benchmark three-month copper LME:CA1! 5.