COMEX Copper futures soared ahead of the weekend as supportive Asian equities boosted the red metal after it fell to near one month low in last session. COMEX Copper futures are currently up 1.85% at $4.40 per pound. Falling LME Copper inventories also boosted the red metal. Stockpiles on the exchange dipped to near two and half month low in last session. Meanwhile, China's Shanghai Composite index spiked 2.91% as attention shifted to economic cues. Hong Kong's Hang Seng index zoomed 3.61%, cutting recent losses. Japanese Nikkei index added 0.18%. European markets edged up modestly. The US stocks closed roughly flat with the Dow still managing to hit new record closing high. Copper is still down around 2% for the current week.

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