Mcx Full Independent Trading Guide

METALS-London copper picks up on weaker dollar; tin near 6-month top (Adds Shanghai closing prices, updates London prices) BEIJING, Jan 10 - London copper prices rose for th e fourth session in five on Thursday, as a weaker dollar enabled the metal to hold gains made from optimism overU.S.-China trade talks. A weaker greenback makes dollar-denominated metals cheaperfor holders of other currencies and can support prices. However, prices in top consumer China, which reported more disapp ointing factory data on Thursday, failed to sustain the momentum, with Shanghai copper slipping 0.1 percent. Recent transactions in the refined and scrap copper markets have been ordinary, consistent with the off-season, and "fundamenta ls cannot support the copper price," Jinrui Futures wrote in a note.Instead, prices for copper, an economic bellwether, will move higher on improving macro sentiment and lower on weakening sentiment, the Chinese brokerage added. FUNDAMENTALS ...