Base Metals Preview: COMEX copper pulls back from one-month high in early Asia

COMEX copper futures are seen pulling back from around one month high on Monday morning in Asia as dollar rebounded amid the uncertainty prevailing around the peace talks between the U.S. and Iran. Tensions in the Middle-East escalated over the weekend with Iran reportedly not ready for new face-to-face talks with the U.S., citing maximalist demands. Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, limiting losses in the red metal which is currently quoting at $6.07 per pound.

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