Copper Holds Gains as Investors Await US, China Data This Week

Copper traded near its highest close in almost three weeks as investors awaited key economic data from the US and China.

The metal moved between narrow gains and losses on the London Metal Exchange, after climbing 1.1% Tuesday as US inflation figures bolstered bets on Federal Reserve interest-rate cuts in September. Now, traders are looking to US retail sales numbers as well as key economic data from China on Friday.