EPIC RESEARCH MCX COPPER UPDATE OF 17 AUGUST 2016

Posted by Anmol Shah on 13:31:00 with No comments
Copper trading range for the day is 315.7-324.7. Copper gained as speculators bought up metals after signals that U.S. interest rates might remain on hold put the dollar under pressure. The Federal Reserve is raising expectations for an interest rate rise this year, even as early as next month. Copper output in Democratic Republic of Congo, fell 14 percent in the first half of 2016 to 466,250 tonnes       

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