Copper Prices Rise as Fed Rate Hike Bets Cool
Copper prices edged higher as an improving demand outlook and cooling interest rate expectations outweighed pressure from a strong dollar. Benchmark three-month copper on the London Metal Exchange was up 0.19% at $14,286 a metric ton.
Copper edged higher on Monday as a firmer demand outlook and cooler expectations for interest-rate increases offset pressure from a strong dollar. Benchmark three-month copper LME:CA1! 19% at $14,286 a metric ton by 0300 GMT. The market is we…