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EPIC COPPER TREND FOR TODAY 7-JUNE-2013

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EPIC COPPER TREND FOR TODAY 7-JUNE-2013 Empty EPIC COPPER TREND FOR TODAY 7-JUNE-2013

Post  Admin Fri Jun 07, 2013 2:22 pm

Copper trading range for the day is 412-426.
Copper dropped as comments from Federal Reserve official raised investor fears that the U.S. central back might roll back its stimulus programme soon.
ECB kept its main interest rate on hold at a record low 0.5 percent as it waits to see whether early signs of stabilisation in the euro zone
Figures are expected to show the U.S. job growth probably picked up only slightly in May, suggesting the economy is still in a rut
Warehouse stock for Copper at LME was at 610925mt that is down by -3150mt.

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