Copper futures consolidated around $4.80 per pound on the last session of the week. The metal eyed continued gains in Asian equities amid hefty declines in LME Copper inventories and is holding around four and half months right now. Meanwhile, in equities, China's Shanghai Composite index ended up 0.43 percent while Hong Kong's Hang Seng index jumped 3.69 percent on firm AI stocks. Japanese markets fell sharply as the yen strengthened on BoJ rate hike expectations. The Nikkei average dropped 0.79 percent, snapping a three-day rally due to profit taking and currency woes. European stocks saw cautious moves after yesterday's spurt. The US stocks saw good gains yesterday. The Nasdaq spiked 1.5 percent, the S&P 500 1 percent and the Dow added 0.8 percent.
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