Wednesday 17 September 2014

CAPITAL STROKE UPDATE 17-September-2014 : MCX COPPER




COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-436 S1-422 S2-416

Copper rose helped by a weak dollar as Fed began a two-day meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.

Data out at the start of the week showed China factory output grew at the weakest pace in nearly six years in August

Also, China's production of refined copper hit record highs in August as the world's top producer continued to build new capacity.


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