EPIC RESEARCH MCX Copper UPDATE OF 14 January 2019

Posted by Commodity Updates by Epic Research on 11:21:00 with No comments

Copper trading range for the day is 410.5-420.5.

* Copper gained as a dovish stance from the U.S. Federal Reserve pushed the dollar lower.

* Further, preparations for more trade talks between Washington and Beijing raised expectations of an easing of tensions.

* China plans to set a lower economic growth target of 6-6.5 percent in 2019 compared with last year's target of "around" 6.5 percent.

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