Base Metals Preview: Copper down modestly in Asia

COMEX Copper futures came off one week high in Asia today amid firm US dollar and currently trade at $4.50 per pound, down 0.40% on the day. The red metal has been supported after US President Donald Trump extended a trade truce with China for another 90 days Monday. This will offer some critical time for the two countries to work out some of their trade policy differences and a positive outcome is likely to be bullish for Copper prices.

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