While the copper market saw a sharp downside move overnight, prices have mostly recovered those losses going into Wednesday morning's trading. Some traders feel that the pressure on copper prices might have been from news that a Chilean strike has ended, or from market disappointment over the lack of aggressive action from EU finance ministers. However, the copper market might have found support this morning from news that the Chinese cut their bank reserve requirement as that could shift macro-economic sentiment in China away from a recent fear of slowing. Many traders will be looking towards a series of US economic numbers this morning, as an inability to rally off positive US data could suggest that copper isn't intently focused on the direction of the US economy.