COMEX copper pulled back on Tuesday morning in Asia after advancing to near 3-month high in the previous session on easing US-China trade tensions. The US and China have reportedly agreed on a framework for a potential trade deal to be signed off by Presidents Trump and Xi this week. The red metal is down 0.36% to quote at $5.15 per pound today despite a rally on Wall Street overnight. The Nasdaq surged 432.59 points or 1.9 percent to 23,637.46, the S&P 500 jumped 83.47 points or 1.2 percent to 6,875.16 and the Dow climbed 337.47 points or 0.7 percent to 47,544.59. Weakness in dollar index is also not lending gains to the counter.

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