Commodities, LME Copper prices are currently trading higher by 0.5 % at $ 5507.5 /t. Prices will likely trade sideways as positive manufacturing data from major economies will be supportive while DX at 14 - yaer highs will exert pressure. 

LME Copper prices fell by 0.6 %as dollar rose to a new 14 - year high after bigger than expected gains in the US ISM Manufacturing PMI and construction spending . However, sharp downside was restricted as China Caixin manufacturing Purchasing Managers' Index (PMI) climbed to 51.9 in December, up from November's 50.9, marking its fastest rate of improvement in three years compared to China's official manufacturing PMI, a t 51.4. Also, persistent decline in LME inventories which down by around 6 % to 311,825 tonnes supported prices . MCX copper prices traded lower by 0.4% to close at Rs. 376.6 per kg on Tuesday.