| Copper and other industrial metals advanced as signs of economic resilience in Germany and the U.S. outweighed demand concerns from China. In Germany, the largest copper user behind China and the U.S., industrial production increased in June, government data showed Monday, signaling Europe’s largest economy gained momentum ahead of the U.K.’s vote to exit the European Union.
In the U.S., data released Friday showed employment jumped in July for a second month and wages climbed. Those reports overshadowed a decline in China’s copper imports to an 11-month low in July...............................................Full Article: Source
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