COMEX Copper futures saw a sharp slide in last session as the US equities tumbled in early moves. A good recovery was seen in the DOW from intraday lows but the index still closed down half a percent. COMEX Copper also bounced from lows of $4.33 per pound and currently trades up 0.30% at %4.38 per pound. Asian markets are trading in a cautious manner. Traders are now looking ahead to key inflation data as well as a Senate Banking Committee hearing on US Federal Reserve Chair Jerome Powells renomination later in the week for additional clues about the US central banks monetary policy stance.
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