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Copper lifts on US jobs data

DISAPPOINTING US jobs data's pressure on the US dollar helps lift copper prices despite lingering China demand concern.

NEW York copper prices has closed up almost one per cent as weaker-than-expected US jobs data pressured the US dollar, offsetting lingering concerns about US economic growth and demand from top consumer China.

PRICES in London and New York fell more than one per cent to intraday lows immediately after data showed the United States created fewer jobs in September than expected, fuelling concerns about global growth.

Original URL: https://www.news.com.au/finance/business/copper-lifts-on-us-jobs-data/news-story/82aba4a2cb4279835486c82a65b9be02