COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-442 R1-438 S1-428 S2-424
Copper dropped as inventories expanded amid signs of lower demand for the metal as loan collateral in China
European Central Bank President Mario Draghi reiterated at a quarterly policy meeting that the ECB will introduce quantitative easing (QE) if need be.
China’s imports of unwrought copper and copper products fell in June to the lowest since April 2013, data showed.
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