Nikkei share average weakened in early trade on Tuesday as concerns about slowing global growth outweighed expectations that the European Central Bank President will soon act to help deeply-indebted euro zone states.
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Tuesday, 4 September 2012
OIL
Oil rose on Monday, despite Chinese data showing a deepening slowdown in the world’s biggest energy consumer, as investors focused on the possibility of more stimulus measures and other moves to try to revive economic growth.
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SHANGHAI COPPER
The most-traded December copper contract on the Shanghai Futures Exchange slipped 0.16 percent to 56,090 yuan ($8,800) a tone.
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LME COPPER
Three-month copper on the London Metal Exchange was trading at $7,665.0 a tone.
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COPPER
Copper edged lower on Tuesday on signs of flagging growth in top metals consumer China, though prices were supported by enduring hopes the European Central Bank will this week kick off a round of global easing.
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GOLD
Gold edged up to its highest level in more than five months on Tuesday, as lackluster manufacturing data from around the globe fanned speculation of imminent easing measures from central bank.
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