Copper is adding strength in early Asia on Thursday following positive data from China. Exports from China advanced 1.5% year-on-year in April of 2024, rebounding from a 7.5% drop in the earlier month, and beating market forecasts of a 1% growth. Meanwhile, in overnight equities, the Dow climbed 172.13 points or 0.4 percent to 39,056.39, the S&P 500 edged down 0.03 points or less than a tenth of a percent to 5,187.67 and the Nasdaq dipped 29.80 points or 0.2 percent to 16,302.76. Currently, COMEX copper futures are quoting at $4.56 per pound, up 0.41% on the day. Powered by Commodity Insights |