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Friday 29 July 2016

EPIC RESEARCH MCX COPPER UPDATE OF 29 JULY 2016

Copper trading range for the day is 325.3-332.9.                
Copper trimmed losses as the dollar fell after the US Federal Reserve stopped short of signalling a near-term interest rate rise.       
Demand for copper in China, has fallen sharply in recent years as growth and investment spending has slowed.              Traders are looking forward the big news for copper will be Chinese economic data due next week.

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