Thursday 15 May 2014

CAPITAL STROKE COMMODITY UPDATE 15 MAY 2014 MCX COPPER

CONSOLIDATE STRATEGY BUY ON DIPR2-430 R1-424 S1-412 S2-406 
Copper rose amid speculation demand from top consumer China will increase in the near-term.
China's economic activity showed across-the-board weakness in April, with data from output to investment and consumption all missing market expectations.

Prices have been well-supported amid indications China’s government will introduce measures to deepen reforms of the nation’s capital markets.


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