Posts
MTECHTIPS;-COPPER
Copper futures fell for the third time in four sessions after German unemployment rose more than
expected and the International Monetary Fund cut its forecast for economic growth in China, the
world’s top metal consumer. Production disruption at mines are likely to provide support to the
copper prices. Outlook : Copper is expected to trade with negative bias on negative outlook on
Global economic outlook by IMF and OECD. Later it is expected to take cues from US GDP data and US unemployment claims.
WWW.MTECHTIPS.COM
07489294118-119
Copper futures fell for the third time in four sessions after German unemployment rose more than
expected and the International Monetary Fund cut its forecast for economic growth in China, the
world’s top metal consumer. Production disruption at mines are likely to provide support to the
copper prices. Outlook : Copper is expected to trade with negative bias on negative outlook on
Global economic outlook by IMF and OECD. Later it is expected to take cues from US GDP data and US unemployment claims.
WWW.MTECHTIPS.COM
07489294118-119
No comments:
Post a Comment