Thursday, 27 June 2019

Copper trading range for the day is 409.1-424.5

*Copper trading range for the day is 409.1-424.5.

*Copper eased pressured by a stronger dollar after comments from the U.S. Federal Reserve chairman diminished dovish enthusiasm.

*Meanwhile in China, the Shanghai Interbank Offered Rate for the tenor fell to its lowest since June 2009, as liquidity in the banking system remained ample.

*The United States hopes to re-launch trade talks with China after their presidents meet on Saturday, but Washington wants Beijing to come back with the promises.

*Warehouse stock for Copper at LME was at 241700mt that is down by -1175mt.

MCX Live Rates

0 comments:

Post a Comment