Copper Edges Lower as Risk-Off Mood Takes Hold Before US Data
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Copper edged lower as investors turned cautious ahead of US data that will be scrutinized for signs of where interest rates are headed.Three-month futures fell below $11,600 a ton in London, after gaining more than 1% on Monday. The jobs report due later Tuesday is expected to show a sluggish labor market, potentially aiding the case for looser monetary policy. Still, stocks and other risks assets weakened ahead of the release.