Shanghai Futures Exchange copper held a 1 percent advance at 54,180 yuan ($8,263) a tonne on Thurday and Open interest also fell by a softer dollar and a sturdy demand outlook from China. China will deepen structural reforms and curb risks to the country's financial system while maintaining steady economic growth in 2018, the official Xinhua news agency said on Wednesday, citing leaders at an economic planning meeting.
The Republican-controlled US House of Representatives gave final approval on Wednesday to the biggest overhaul of the US tax code in 30 years, sending a sweeping $1.5 trillion tax bill to President Donald Trump for his signature. The dollar held near a one-week high against the yen on Thursday, supported by a rise in US bond yields, with moves limited ahead of a Bank of Japan policy decision and a news conference by the BOJ governor.
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