EPIC RESEARCH MCX Copper UPDATE OF 26 December 2018

Posted by Commodity Updates by Epic Research on 11:44:00 with No comments

Copper trading range for the day is 410.2-422.

* Copper dropped amid ongoing concerns over global economic growth.

* China will ratchet up support for the economy in 2019 by cutting taxes and keeping liquidity ample.

* China and US held a vice-ministerial-level call, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances.

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