COMMODITY
Copper futures end lower on growth worries
Dec-15-2018

Copper futures ended lower on Friday after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China. Official figures showed China’s November industrial output rose by the least in nearly three years. Euro zone data, meanwhile, showed growth in Europe slowed. Copper prices also pressurized by a stronger dollar, which makes metals more expensive for buyers with other currencies and can curtail demand.

Copper futures for March delivery fell 0.2 percent to settle at $2.763 a pound, on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended down 0.4 percent at $6,131.50 a tonne.   

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