COMEX Copper futures fell amid tepid cues from equities. Asian stocks traded weak amid news of fresh COVID-19 restrictions in China as authorities locked down part of the manufacturing hub of Guangzhou for five days and urged residents of the sprawling Chaoyang district to remain at home. European shares turned lower amid lack of major economic cues. The red metal currently trades at $3.60 per pound, down 0.88% on the day. China reported three Covid deaths in the capital of Beijing, the first in more than six months. COMEX Copper is currently lingering around two week low.Powered by Commodity Insights
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