Copper trading range for the day is 356.7-362.5.
Copper rose with investors tempted by falling stockpiles and as Chinese authorities' move to ease monetary policy spurred growth hopes.
Chinese banks extended 1.1 trillion yuan ($159 billion) in net new yuan loans in April, above expectations.
SHFE Copper warehouses stocks fell to 194,993 tonnes, their lowest since Jan. 20.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Copper rose with investors tempted by falling stockpiles and as Chinese authorities' move to ease monetary policy spurred growth hopes.
Chinese banks extended 1.1 trillion yuan ($159 billion) in net new yuan loans in April, above expectations.
SHFE Copper warehouses stocks fell to 194,993 tonnes, their lowest since Jan. 20.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment