On Friday, Asian markets got off to a mixed start with the Shanghai composite index down 0.4% while SHFE Feb copper settled 0.8% higher in Shanghai today. In Europe, the Euro firmed to $1.353 amid positive readings on German business sentiment (109.3) and 3rd quarter GDP growth (0.3%). In London, LME 3-mo. copper reportedly climbed as high as $7,087/mt ($3.215/lb.) earlier today while most of the other base metals remained range-bound. Later this morning the Labor Department will release the September Job Openings and Labor Turnover Survey (JOLTS) report, while the Fed’s next moves are likely to remain in focus as we’ll see if the Dow Industrials can hold onto yesterday’s gains which pushed the DJIA to a record close of 16,009.99…
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