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London copper rises to near 3-week high on Greek vote
Reuters: Basic Materials
Sun, 17 Jun 2012
SHANGHAI, June 18 (Reuters) - Londoncopper surged over 1 percent on Monday to its highest since May 30 after after pro-bailout parties in Greece won a slim parliamentary majority on Sunday, easing fears that Greece may exit the euro zone.
Concerns over Greek government turmoil, Italian debt, the ECB's mandate, and the sturdiness of the EFSF are complicating plans for a bailout , says Morningstar markets editor Jeremy Glaser.