EPIC RESEARCH MCX COPPER UPDATE OF 11 MAY 2016
Posted by Unknown on 12:09:00 with No comments
Copper trading range for the day is 308.5-317.5. Copper dropped after a stronger dollar and renewed jitters about Chinese economic growth tarnished demand for commodities.
U.S. job openings increased in March to the highest in eight months and layoffs continued to decline, indicating the labor market remains fairly robust
Stocks of copper in warehouses monitored by the Shanghai Futures Exchange are down from record highs in the middle of March.
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