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Commodity News Details
Copper near three week high as market turns focus on China
06-Dec-2024 18:39
COMEX Copper futures spiked today as focus shifted on China. Chinese stocks markets moved higher ahead of an annual economic policy meeting scheduled for next week. China's Shanghai Composite index spiked 1.05 percent to 3,404.08, hitting three week high. The upcoming economic policy meeting next week is likely to see China's top leaders discuss economic targets and additional stimulus plans for 2025. Copper found this beneficial as the COMEX Copper futures soared 1% to 4.22 per pound, nearing three week high.

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