Copper falls a third day as U.S. inflation drives rate hike bets.
Context
What happened: Comex copper is heading for a third straight daily loss, sitting 4.5% below its September record as the dollar climbs and a mine labor deal in Chile eases supply worries.
Key numbers: 4.5% below September record; third straight daily loss.
Why it matters: U.S. inflation is fueling rate hike bets, lifting the dollar, while the Chile labor deal reduces supply concerns, adding pressure on copper prices.