US MIDDAY: copper up

In New York, the July COMEX contract settled up 1.50 cents at $3.3545 per lb, after dealing between $3.3185 and $3.3595. "Very quiet today. Just take a look at the volumes," said Frank Lesh, broker and futures analyst with Future Path Trading in Chicago.
COMEX copper volumes reached 60,000 lots in late New York business, about 20 percent below the 30-day norm, according to preliminary Thomson Reuters data. "There's a bit of a hiatus (ahead of) the Greek election and potential policy measures that could be taken by the Fed or by others. (Even) going short, you take a chance if the market moves against you," said Capital Economics analyst Ross Strachan.