EPIC RESEARCH MCX COPPER UPDATE OF 4 MAY 2016

Posted by Farhan Khan on 12:17:00 with No comments
Copper trading range for the day is 324.9-336.9.              
Copper prices dropped as fears over China's economic health intensified after factory activity shrank for a 14th straight month in April.
The China Caixin manufacturing purchasing managers index (PMI) for April fell to 49.4 from March's 49.7, missing forecasts for 49.9.          
The euro area's number one economy will slow in the coming two years, the EC said, pointing to a weaker external environment.  

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