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Copper increased for the second consecutive session on Monday, mirroring gains in equity markets and as diminished expectations for a US Federal Reserve interest rate hike overshadowed pressure from a strong dollar.
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.