Monday, 10 October 2016

EPIC RESEARCH MCX COPPER UPDATE OF 10 Oct 2016

Copper trading range for the day is 317.5-325.5.
Copper prices gains after the dollar pared gains on data showing U.S. employers took on fewer workers than expected in September.
Traders are concerned a raft of new measures announced by Beijing to dampen soaring house prices in second and third tier cities.
LME copper stocks continued to leave listed warehouses in Asia - Cancelled warrants at 69,375 tonnes were down 6,925 tonnes.
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