Tuesday 15 April 2014

CAPITAL STROKE COMMODITY UPDATE 15 APRIL 2014 : MCX COPPER





Copper trading range for the day is 404.4-410.8.
Copper prices settled flat after as US dollar index gained as data showed US retail sales posted its biggest rise since September 2012 in March
The Ukraine crisis continued to escalate, with EU announcing to expand sanctions on Russia, fueling market concerns.
The euro zone February factory output matched forecast by rising 0.2% MoM, with January’s data revised from a 0.2% decline to a 1.6% growth.

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