METALS-London copper near 2-week low on U.S. rate rise expectations
May 03, 2017 at 22:45 PM EDT
MELBOURNE, May 4 (Reuters) - London copper fell on Thursday after a big build-up in exchange stocks and as traders priced in two U.S. interest rate rises expected this year that could curb interest in dollar-denominated metals. FUNDAMENTALS * LME COPPER: Three-month copper on the London Metal Exchange edged down 0.2 percent to $5,589 a tonne by 0243 GMT, having earlier hit $5,567 a tonne, the weakest since April 20. Prices extended losses from the previous session when they rec