Copper futures settle down on firm US dollar
Copper futures settled marginally down on Wednesday as the US dollar firmed ahead of global inflation data for cues on when central banks will cut interest rates. Moreover, China's persistent property woes and middle east’s geopolitical uncertainties have also weighed on copper prices. Country Garden Holdings said a liquidation petition has been filed against the embattled developer for the non-payment of a $205 million loan. Although, hopes of more metals-intensive stimulus from the world’s top consumer China limited further falls in copper prices.

Copper futures for May delivery lost $0.01 to settle at $3.8405 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.30 percent at $8,448.50 a ton.