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EPIC COPPER TREND FOR TODAY-2-MAY-2013

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EPIC COPPER TREND FOR TODAY-2-MAY-2013 Empty EPIC COPPER TREND FOR TODAY-2-MAY-2013

Post  Admin Thu May 02, 2013 1:32 pm

Copper trading range for the day is 358.3-384.1.
Copper ended lower due to concerns over growth in China after data suggested the economy remains fragile.
Growth in Chinese manufacturing unexpectedly slowed last month, with the official PMI showing a decline to 50.6.
The US Fed emphasized that it will increase or reduce asset purchases according to inflation rate and employment situation.

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