London copper moves higher.

• Position: London Metal Exchange

Copper prices in London rose on Wednesday ahead of an expected interest rate cut by the US Federal Reserve, but were on track to fall this month amid slowing growth from top consumer China.

The Fed is expected to lower interest rates on Wednesday for the first time in over a decade, which should support commodities prices by boosting growth and weakening the U.S. dollar, making metals cheaper for buyers with other...