EPIC RESEARCH MCX Copper UPDATE OF 7 January 2019

Posted by Commodity Updates by Epic Research on 13:14:00 with No comments

Copper trading range for the day is 399.3-415.1.

* Copper rose as investor sentiment was bolstered by China's announcement of a new round of trade talks with the United States.

* But the market is facing its biggest weekly drop in almost two months on worries over slowing growth in top industrial metals consumer China.

* China and the US will hold vice- ministerial level trade talks in Beijing on Jan. 7-8, as the two sides look to end a dispute that is inflicting increasing pain on both economies.


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