Reuters reported that Copper tracked equity markets lower on Tuesday on concerns of slowing demand in China and as geopolitical tensions escalated over the killing of a prominent Saudi journalist. Benchmark copper ended the session 0.7 percent lower at $6,196 a tonne. It touched a one-week high in the previous session after China, the world’s top metals consumer said it would provide stimulus to illiquid firms.
Investors were unconvinced by pledges from Chinese officials of an expansion of targeted measures to ease company financing problems after China’s third-quarter growth slowed to its weakest since the global financial crisis.
