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Crude oil futures rallied to one week highs above $97 a barrel boosted by gains in equities and the positive data releases from US. Japanese stocks shot higher Friday, as an overnight advance on Wall Street and a weakened yen combined with upbeat industrial-production data to lift sentiment, while other Asian markets also saw gains.Japan’s Nikkei Stock Average jumped another 3.3% on top of Thursday’s 3% rally, recording a climb of more than 30% in the first half of 2013. At the Multi Commodity Exchange, copper for delivery in August shed Rs 2.10, or 0.51%, to Rs 406.75 per kg in business turnover of 2,118 lots.  Similarly, copper for delivery in June traded lower by Rs 2, or 0.50%, to Rs 401.80 per kg in 2,075 lots. Analysts attributed the fall in copper futures to weak global cues amid signs of slowing in China and uncertainty about the future of stimulus in the US. MCX Copper is declined by 0.70% and seems to trade more down side for next trading session. Get Daily Copper u...

Live MCX Copper Tips -Copper MCX Can Buy from the price of 436 and hold it till the level of 440.   Copper futures slipped to a three-week low as stalled U.S. budget talks and speculation that stronger economic growth could limit the duration of Federal Reserve support for the economy sent investors to the exits. The most actively traded copper contract, for March delivery, fell 6.95 cents, or 1.9%, to settle at $3.536 a pound on the Comex division of the New York Mercantile Exchange, the lowest settlement price since Nov. 28. Copper's fourth consecutive decline came on concern that the pending package of U.S. government spending cuts and tax increases set to take effect in January may drag the country into recession.