Sunday 20 April 2014

CAPITAL STROKE COMMODITY UPDATE 21 APRIL 2014 : MCX COPPER



Copper trading range for the day is 402.2-410.4.
Copper rose as slightly better-than-expected Chinese growth data eased some fears about a hard landing in China.
The US Philly Fed manufacturing index climbed to 16.6 in April, higher than both the 9.8 expected and the 9.0 in March.

China’s FDI dropped 1.5% YoY in March and grew 5.5% in the first quarter, well below the 10.44% rise for the first two months.

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