November 16 London Copper noon review

As the Brexit situation became a little clearer, the euro and the pound strengthened, investors took profits on the dollar, the US index fell slightly, and London copper ended the day's decline pattern
.
In the evening, copper prices rose straight from below the daily average under pressure in the afternoon, to 6083 US dollars / ton, and then maintained a volatile upward posture, in the US market, copper prices reached the intraday high of 6123.
5 US dollars / ton, after the short-term touch, copper prices fell slightly, long positions increased at the end of the session, the price rebounded to a narrow range around 6100 US dollars / ton, closing at 6100 US dollars / ton
.

On the news front, US retail sales in October were 0.
8% m/m vs 0.
5% expected and revised to -0.
1% from 0.
1% prior
.
Markets were boosted by the resumption of dialogue between the United States and China, and commodities mostly continued to be strong overnight
.
Overnight, a number of British officials resigned, Brexit expectations were unfavorable, the pound fell sharply, and the dollar rose
slightly.