Copper prices remain under pressure going into this morning's trading, although they have outperformed the rest of the metals complex and have held onto a sizable portion of this week's gains through this current pullback. While some traders feel that support from the US fiscal cliff deal has dissipated, Chinese economic data remains relatively strong as last night's private survey of Chinese service industries remained well above the 50.0 level.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.