Copper holds steady around three-week top, global equities mixed

COMEX Copper futures are holding steady around three-week high today despite worries posed by geopolitical tensions. A sustained drop in the LME Copper inventories is also supporting the metal. COMEX Copper futures are quoting at $6.36 per pound, up 1.27% on the day. Equities are mixed today. In Asia, China's Shanghai Composite index spiked 1.36% on steady trend in exports. Hong Kong?s Hang Seng index gained 0.52%. Japan?s Nikkei average added 0.74%. However, European stocks slipped as major indices turned lower by around half a percent. The US stocks fell as conflict between the United States and Iran re-ignited.

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