EPIC RESEARCH MCX COPPER UPDATE OF 17 JUNE 2016
Posted by Unknown on 11:46:00 with No comments
Copper trading range for the day is
299.8-312.8.
Copper prices fell alongside oil and equities fuelled by worries about the British referendum on leaving the EU, but a weaker dollar limited downside. China factories tend to wind down over the northern hemisphere's hot summer months, while softening growth has also unbalanced prices.
Growth in China's fixed-asset investment slipped below 10 percent for the first time since 2000 in January-May
Copper prices fell alongside oil and equities fuelled by worries about the British referendum on leaving the EU, but a weaker dollar limited downside. China factories tend to wind down over the northern hemisphere's hot summer months, while softening growth has also unbalanced prices.
Growth in China's fixed-asset investment slipped below 10 percent for the first time since 2000 in January-May
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