EPIC RESEARCH MCX COPPER UPDATE OF 3 MAY 2018

Copper trading range for the day is 450-460. Copper recovered after a private survey showed growth in China's manufacturing sector unexpectedly picked up in April, brightening the demand outlook. The Caixin/Markit Manufacturing Purchasing Managers' index (PMI) climbed to 51.1 in April from a four-month low of 51.0 in March. Investors are also focused on Friday's US employment report for April for further indications of the strength of the U.S. economy and inflation pressures.

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