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Copper ends lower in commodity-wide risk retreat

Posted on 24 June 2011

Copper ended down for a second straight day on Thursday as a strengthening dollar and heightened concerns about slowing global economic growth triggered a wave of risk aversion across the commodities complex.
From a bleak assessment of U.S. growth prospects by Federal Reserve Chairman Ben Bernanke on Wednesday to slower factory sector growth in China and Europe this month, raw material demand prospects remained unclear, spurring investors to reduce exposure in everything from industrials to energies………………………………………..Full Article: Source


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