EPIC RESEARCH MCX COPPER UPDATE OF 15 June 2018

Copper trading range for the day is 477.3-487.5.

Copper remained under pressure after a slew of Chinese data including industrial output pointed to weaker-than-expected activity last month in China.

China's industrial output, investment and retail sales all grew less than expected, offsetting upbeat trade data.

China’s central bank left borrowing costs for interbank loans unchanged, a surprising decision that shrugged off the U.S. Federal Reserve’s policy rate increase.

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