Copper fell on Monday, weighed down by a firmer dollar and festering concerns on Europe’s debt crisis.

Three-month copper on the London Metal Exchange was down 0.5 % to $8,238 per tonne at 0119 GMT, after rising 0.1 % in the previous session. The most-active January copper contract on the Shanghai Futures Exchange dropped 1.1 % to 59,090 yuan ($9,400) per tonne, after gaining 0.7 % on Friday.

***Copper extended its first weekly drop in three on concern that discord among European leaders in solving the debt crisis will curb growth amid a lack of improvement in China’s economy.

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Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.Read the Terms of Service

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