EPIC RESEARCH MCX COPPER UPDATE OF 18 Oct 2016

Copper trading range for the day is 311.3-316.7.Copper settled flat after remarks by Fed chair suggested the U.S. central bank may stick with loose monetary policy for longer.
China's third GDP growth this week should cast a fresh light on the state of its metals demand after a mixed month of data in September.Hedge funds and money managers raised their net long positions in COMEX copper contracts in the week to Oct. 11, U.S. CFTC data showed.




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