Friday, 19 May 2017

EPIC RESEARCH MCX COPPER UPDATE OF 19 MAY 2017

Copper trading range for the day is 353.5-371.3.Copper recovered on rupee weakness while uncertainty about Donald Trump's future undermined expectations of a boost to infrastructure spending in US. China and U.S. domestic policy will dominate the path of least resistance for copper and other base metals Weaker April economic data from China, which accounts for nearly half of global consumption of industrial metals.

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