Thursday 27 December 2018

Copper Trading Range For The Day Is 406.5-431.7

Copper trading range for the day is 406.5-431.7.

Copper prices gained on the back of a broad-based rally in financial and commodity markets, but gains were limited by global economic growth concerns.

Investors are fretting the global economy is slowing just as monetary conditions are tightening, with political instability in US.

China will not resort to "flood-like" stimulus in monetary policy next year, although it will consider more cuts as needed to reserves held at commercial banks.



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