COMEX Copper moved up from a one week low today as firm equities capped the losses. The red metal currently trades at $3.45 per pound, up 0.37% on the day. MCX Copper trades flat at Rs 641.70 per kg. Asian markets mostly gained as investors moved on from the tensions over U.S. House Speaker Nancy Pelosis controversial visit to Taiwan. Most of European shares were trading higher on Thursday following the rally on Wall Street. Wall Street ended sharply higher on Wednesday. A better-than-expected services PMI reading for July gave investors confidence amid concerns about a U.S. recession. Powered by Commodity Insights
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