Copper May Advance as Hedge Funds Turn Bullish: LME Preview

Bloomberg – Copper may gain in London after speculators turned bullish on copper for the first time in four months amid signs of growth in the U.S., rising demand in China and more confidence in Europe.

Oil fell for a fourth day, the euro weakened and U.S. equity futures slid after Greek bondholders said they’ve made their maximum offer in negotiations to prevent the country from defaulting.

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