Copper treads water
 

Reuters

Melbourne

London copper´s price was little changed on Monday as caution dominated the market in the aftermath of Britain´s vote last week to leave the European Union.

Britain plunged deeper into political crisis on Sunday in the wake of the referendum, leaving EU and world officials confused about what to do next.

British Finance Minister George Osborne, who had warned during the campaign that a "Brexit" would cause financial market volatility, scheduled a statement for 7 a.m. (0600 GMT) on Monday to provide reassurance about "financial and eco**mic stability".

Jonathan Barratt, chief investment ******r (CIO) of Ayers Alliance in Sydney, said that for industrial metals there were many unk**wn factors at play but a few definites - one of which is that there was "** change to U.S. interest rates on the horizon".

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