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METALS-LME copper sinks below $5,500 T to five-month low as bears gather

MELBOURNE, July 7- London copper slumped below the $5,500 mark on Tuesday to its lowest in five months as markets turned increasingly negative on China for the near term and waited for the next developments in the Greek debt crisis. "There are an increasing number of people who think from a fundamental perspective, current prices are cheap," Ivan Szpakowski, a Citi...
Source: Reuters | By: Melanie Burton
METALS-London copper sinks to five-month low as sentiment sours on Greece, China

MELBOURNE, July 7- London copper fell to a five-month low on Tuesday, as markets turned increasingly negative on China for the near term and waited for the next developments in the Greek debt crisis. "There are an increasing number of people who think from a fundamental perspective, current prices are cheap," Ivan Szpakowski, a Citi analyst in Hong Kong, said of copper.
Source: Reuters | By: Melanie Burton
METALS-London copper drifts, traders await next move in Greece, China

MELBOURNE, July 7- London copper drifted on Tuesday, a day after sliding to five-month lows, as markets waited for the next developments in the Greek debt crisis and monitored stock market moves in China. France and Germany have told Greece to come up with serious proposals in order to restart financial aid talks, after Greeks voted overwhelmingly to reject more...
Source: Reuters | By: Melanie Burton