December 7, 2012 / 1:45 PM / in 5 years

Copper hits session high after U.S. jobs data

LONDON, Dec 7 (Reuters) - Copper hit a session high on Friday after U.S. non-farm payrolls data beat forecasts, tempering speculation that the Federal Reserve may introduce further monetary easing measures.

Benchmark copper on the London Metal Exchange hit a session high of $8,056.50, and was quoted up 0.39 percent at $8,032.50 a tonne at 1337 GMT.

Nonfarm employment increased by 146,000 jobs last month, the Labor Department said on Friday, against expectations for a rise of 93,000, defying expectations of a sharp pull back related to superstorm Sandy.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below