METALS-U.S.-China trade tensions weigh on copper [Reuters]
VALE S.A. American Depositary Shares Each Representing one common share (VALE)
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Source: Reuters
METALS-U.S.-China trade tensions weigh on copper | Reuters 3 Min Read SINGAPORE, Nov 20 (Reuters) - London copper prices fell on Tuesday, after a five-session winning streak, as conflicting signals over the trade dispute between the United States and China weighed on sentiment. Deep divisions between Washington and Beijing at a summit of Asia-Pacific leaders in Papua New Guinea on Sunday have tempered expectations of a resolution in the U.S-China trade war. The failure of the Asia Pacific Economic Cooperation (APEC) summit at the weekend to agree on a communique was down to certain countries “excusing” protectionism and trying to force their views on others, a senior Chinese diplomat said on Monday. “Trade tension... remains a headwind for the sector. The failure of countries at the APEC meeting to agree to a joint statement raised concerns that the relationship between China and the US remains hostile,” ANZ said in a note. * Three-month copper on the London Metal Exchange fell 0.3 pe
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