COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-420 R1-414 S1-402 S2-396
Copper prices recovered from lows to end with gains amid mounting optimism over the outlook for growth in the U.S. and China.
Meanwhile, in China, Premier Li Keqiang pledged to meet China’s target for economic expansion this year and ruled out a hard landing.
he Philly Fed manufacturing index exceeded forecast in June, and last week’s initial jobless claims hit a nearly seven-year low.
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