Copper settled 0.3% up at 434.75 little changed as concerns about weak global growth and its implications for industrial metal demand offset expectations for further pro-growth policies from top consumer China, aimed at stimulating the economy. Copper prices have rallied more than 8% since the start of Sept, fuelled by the QE3 by the Fed, the promise of bond buying by the ECB and stimulus measures in Japan and China. But the market has been moving sideways this week as uncertainties about real demand from China capped gains. Chinese buyers came back to the market after a week-long national holiday but analysts think more stimulus policies are needed in China to boost growth and industrial metals demand. There was little sign of a copper demand improvement in China this week though, even following the week-long holiday. Investors will eye China's Q3 growth data next week, which expect to show the weakest three months of the year. China is also expected to announce export-import data for September on Saturday. Concerns about the lingering debt crisis in the euro zone continued to weigh on risk appetite and push the euro lower against the dollar. IMF said the global economic slowdown was worsening and cut its growth forecasts for the second time since April. For today's session market is looking to take support at 433.7, a break below could see a test of 432.7 and where as resistance is now likely to be seen at 436, a move above could see prices testing 437.3.

Trading Ideas:

Copper trading range for the day is 432.7-437.3.

Copper firmed on fresh signs that Beijing is acting to bolster China's stock markets and economy.

Investors will eye China's third-quarter growth data which expect to show the weakest three months of the year.

IMF said that the world economy will grow 3.3% this year, the slowest since the 2009 recession.