Copper Holds Gain With Easing Iran Tensions, China Data in Focus

Copper held onto gains from the previous session as easing Middle East tensions supported risk sentiment. Investors are now awaiting Chinese trade data, a key demand indicator for the world’s largest copper-consuming market. The update is supportive for copper prices but remains a modest market-moving event.

Analysis

Copper held onto gains from the previous session as easing Middle East tensions supported risk sentiment. Investors are now awaiting Chinese trade data, a key demand indicator for the world’s largest copper-consuming market. The update is supportive for copper prices but remains a modest market-moving event.