US copper update

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Tue, Dec 15, 2009
Copper Market News
Post by Mike Rodger, Copper Reporter

On Monday, U.S. copper futures pushed higher after news of a financial bailout for debt-laden Dubai supported sentiment and added to last week’s positive.

The news release is quoted as saying:

Copper buoyed by increased risk appetite in broader markets after news Abu Dhabi threw debt-laden Dubai a $10 billion lifeline in an effort to avert a bond default.

Click here to access the entire press release

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