Mumbai, Jan. 5 -- COMEX copper spikes by around 3% on Monday morning in Asia to be currently quoting at $5.85 per pound, tracking positive cues from equities. Asian stocks traded higher on Monday as investors looked past U.S. military action over the weekend in Venezuela and shifted focus to upcoming economic data and corporate earnings. The dollar was a tad higher, extending gains for a fifth consecutive session after the U.S. attacked Venezuela and captured its president, Nicolas Maduro. Meanwhile, a private survey showed that business activity in China remained expansionary for the seventh consecutive month in December, supported by stronger services activity and a renewed increase in factory output.
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