COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-430 R1-426 S1-414 S2-408
Copper gained with investors shrugging off weak growth in the United States and focusing on a shortfall in metal supply.
The weak data indicated that the Federal Reserve may need to keep rates on hold for an extended period to support the recovery.
President of St. Louise Fed said US inflation is expected to reach 2% by the end of the year, and predicted that Fed will raise interest rate in Q1 2015.
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