Copper sees volatile moves, MCX futures up half a percent

COMEX Copper futures continued to see volatile trades today. Copper lost around 2.50% in last session amid a drop in the US equities. The red metal is currently up 0.20% at $6.52 per pound. Meanwhile, Asian stocks slipped. China's main CSI300 index dropped 0.64%. Hong Kong's benchmark Hang Seng index dipped 1.50%. Japan?s Nikkei average fell 1.36% to come off a record high. European stocks saw mixed moves with German DAX adding around 0.50%. US stocks turned mostly lower on Wednesday, giving back ground after trending higher over the past several sessions. DOW lost more than 1%. MCX Copper futures are trading at Rs 1374.90 per kg, up 0.51% on the day after testing Rs 1360 per kg.

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