16-11-2016 18:06 via news.yahoo.com

Trump infrastructure plan adds little to global copper backdrop

By Eric Onstad LONDON (Reuters) - Investors who sent copper to a 17-month peak on hopes for a splurge of U.S. infrastructure spending by Donald Trump may end up underwhelmed given that the plans, even if successful, would add only modestly to world demand. China dominates the global copper market, accounting for half of all demand, and an uptick in consumption there following further stimulus is much more relevant to the market. "The infrastructure ambitions of Trump I think are meaningless in t
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