Commodity Capsule: Oil prices marginally lower; Copper rises; Gold flat
Commodity Capsule: Weighing on copper prices was the dollar holding firm amid worries of more interest rate rises; hovering at a 12-week high past 104.
Commodity Capsule: Oil prices were marginally lower on Monday as investors stayed fretful over the pace of economic growth in China, and the prospect of further U.S. interest rate hikes that could dampen fuel demand.
Brent and WTI posted a second week of losses on Friday after Fed Chair Jerome Powell said the US central bank may need to raise rates further to cool still-too-high inflation.
China's move to halve stamp duty on stock trading to boost struggling markets temporarily pushed up prices.
China's manufacturing purchasing managers' index is likely to reveal more dour economic news. China's PMI was likely to stay in contraction territory for the fifth consecutive month.
Copper climbs on China's latest move to support stock market
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