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Commodity News Details
Copper slides around 1%
30-Jul-2024 18:30
COMEX Copper futures are holding near $4 per pound, consolidating around four month lows as risk appetite remains limited ahead of the US Fed monetary policy meeting. The counter currently trades at $4.04 per pound, down around 1% on the day. Meanwhile, in Asia today, China's Shanghai Composite index fell 0.43%. Hong Kong's Hang Seng index lost 1.37% after rising in last session. Japan's Nikkei 225 index closed flat. European stocks were mostly supported with French CAC index up 0.51% on the day. Equities in the US stock market started the week on a mixed note as investors await Federal Reserve monetary policy decision due Wednesday.

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