COPPER VIEW TECHNICAL OUTLOOK......
Copper edged up in choppy trade Thursday on hopes Greece will
abandon plans to hold a referendum over a euro zone debt bailout and
after a surprise rate cut from the European Central Bank instilled greater
confidence. Copper recovered from earlier losses and pushed into
positive territory late alongside a stronger rally in global equities, as risk
sentiment improved after the ECB rate cut and upbeat U.S. data
suggested there has been a modest improvement in the labor market.
London Metal Exchange benchmark copper was last bid at $7,910 a ton.
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