Tuesday, 5 November 2019

Copper Prices Gained On The Back Of US-China Trade Hope And Upbeat Data

Copper trading range for the day is 437.2-444.2.

Copper prices gained on the back of US-China trade hope and upbeat data from the US job market and China’s manufacturing sector.

Copper stocks across Shanghai bonded areas this week continued their decline that began since May.

Concerns about US trade conflicts with China and others remain a factor but have receded, according to the ISM’s monthly survey.

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