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Copper stumbles as risk-off sentiment ahead of US elections weighs
SINGAPORE: Copper fell on Tuesday as risk-off sentiment swept through industrial metals markets ahead of the US midterm elections, while a weaker yuan added pressure by making dollar-priced commodities more expensive for buyers in top consumer China. Benchmark three-month copper on the London Metal Exchange was down 1.27% at $14,163.50 a metric ton by 0306 GMT. The most-traded copper contract on the Shanghai Futures Exchange edged 0.18% lower to 108,380 yuan ($16,302.65) a ton. Investors are closely watching the US midterm elections for clues on future fiscal policy and spending, as well as th...
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