NEW YORK, April 29 (Reuters) - London copper futures fell Wednesday, with the US Federal Reserve's policy meeting this week offering new clues on interest rate hikes to set the tone for the dollar and commodities.

    On the London Metal Exchange, copper for the three-month period edged down 0.1% to $ 6,109.50 a tonne, up nearly 1% on the previous day and the highest since April 20 at $ 6,129 per tonne.

    July copper contract rose 0.2 percent to 43,950 yuan per tonne ($ 7,085).

    US consumer confidence unexpectedly fell in April, the US Chamber of Commerce said Tuesday.

    US homeownership fell to 25-year lows in the first quarter, but the pace of new home builds was strong, supporting the view that property markets will boost economic growth this year.

    Ma Jun, chief economist of China's central bank research bureau, said on Tuesday that the central bank did not need to use the QE (quantitative easing) to buy base money directly to buy local debt, local government debt replacement will have specific arrangements.

    According to a report, global energy trader Morgan Murray after the acquisition of JPMorgan Chase's real oil and metal business, despite the provision of cash to cover a metal fraud related legal costs, annual profit growth.