The copper market has traded lower this morning, with some traders feeling that the market may have been pressured by weaker global equity markets and fears that another flare up of Euro zone financial problems. In addition to a stronger Dollar, the copper market also saw a large increase in LME copper stocks of 4,675 tons on the day. While a noted investor overnight suggested that the US economy might pick up quicker than the Federal Reserve has projected, there are many in the market that are generally disappointed with the pace of growth in the global economy. With September copper at last week's highs close to 26 cents above their early August lows, some traders have suggested that copper prices may have become too upbeat toward economic prospects. Technical traders are also suggesting that the sharp August washout was overdone and the bounce off the lows was needed to correct and balance prices for yet another decline. LME copper stocks last night were pegged at 465,675 tons for a daily rise.