EPIC RESEARCH MCX COPPER UPDATE OF 04 AUGUST 2017

Copper trading range for the day is 400.4-409.8.Copper settled flat as gains were limited on profit booking after prices gained supported by expectations of stronger demand from top consumer China.
New orders for U.S.-made goods saw their biggest increase in eight months, but manufacturing is expected to continue to grow at a moderate pace.The Caixin/Markit services purchasing managers' index (PMI) dropped to 51.5 in July from 51.6 in June.

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