Copper in red amid tepid equities

COMEX Copper futures eased a bit after hitting one-month high as profit selling weighed on the sentiments amid tepid cues from equities. COMEX Copper futures are currently trading at $4.57 per pound, down 0.36% on the day. In Asia, China's Shanghai Composite index eased 0.45%. Hong Kong's Hang Seng fell 0.47%. Japanese Nikkei average rose 0.29%. European stocks are witnessing cautious moves. Metal traders waited for the release of global manufacturing PMI data.

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