EPIC RESEARCH MCX COPPER UPDATE OF 5 JULY 2016

Copper trading range for the day is 328.4-339.2.              
Copper prices dipped after rallying earlier in the session on hopes for China taking more action to stimulate its economy and on a weaker dollar outlook.   Growth in China's manufacturing sector stalled in June, an official survey showed, adding to expectations that Beijing will have to roll out more stimulus soon.    
Investors were also betting that the Federal Reserve would hold off on raising interest rates this year, instead of doing so twice as officials had projected.

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