EPIC RESEARCH MCX COPPER UPDATE OF 31 MAY 2018

Copper trading range for the day is 447.3-465.9. Copper fell pressured by a firmer dollar and as Italy's deepening political crisis pulled investors out of risky assets. News that US will continue with imposing tariffs on $50 billion of imports from China unless Beijing addresses the issue of theft of U.S. intellectual property also weighed. Italy, may call elections that could put leaders in power who question the country's commitment to the European Union and the euro currency.

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