COPPER: - CONSOLIDATE STRATEGY BUY ON DIPR2-424 R1-418 S1-406 S2-400
Copper prices dropped on profit booking as investors digested mixed data on China’s economy.
China’s final HSBC Purchasing Managers Index for May released came in at 49.4, down from a preliminary estimate of 49.7.
In the US, factory orders increased more than expected in April, but prices fell slightly.
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