Mumbai, May 22 -- COMEX Copper futures fell towards one-week low today, giving up gains in a highly volatile session as equities turned lower and risk sentiment took a hit following weak economic cues and sustained worries over soaring US treasury yields. The euro area private sector logged a renewed fall in May due to a sharp downturn in services activity, flash purchasing managers' survey compiled by S&P Global showed on Thursday. The flash composite output index fell to 49.5 in May from 50.4 in April. The score fell below the 50.0 no-change mark for the first time in five months.
Japan's private sector also fell back into contraction territory in May due to a steeper fall in manufacturing output alongside a weaker growth in the services...