Mcx Full Independent Trading Guide

LIVE FUTURES REPORT 04/01: SHFE copper prices slump on macroeconomic concerns; nickel finds support Copper prices on the Shanghai Futures Exchange extended their losses during Asian trading morning on Friday January 4, driven by general risk-aversion stemming from concerns over slowing economic growth in the United States after disappoi nting data overnight. The most-traded March copper contract price on the SHFE fell to 46,590 yuan ($6,777) per tonne as at 10.18am Shanghai time, down by 720 yuan per tonne from Thursday’s close.In US data overnight, the Institute for Supply Management (ISM) manufacturing purchasing managers’ index (PMI) fell to its lowest level in more than two years at 54.1 in December, down from 59.3 previously. ISM manufacturing prices were similarly weak at 54 .9 last month, down from 60.7 in November. The weaker-than-expected data sparked a decline in US stock markets overnight, with the Dow Jones Industrial Average plunging 2.8% to close at 22,686.22, the Na

LIVE FUTURES REPORT 04/01: SHFE copper prices slump on macroeconomic concerns; nickel finds support  Copper prices on the Shanghai Futures Exchange extended their losses during Asian trading morning on Friday January 4, driven by general risk-aversion stemming from concerns over slowing economic growth in the United States after disappoi nting data overnight. The most-traded March copper contract price on the SHFE fell to 46,590 yuan ($6,777) per tonne as at 10.18am Shanghai time, down by 720 yuan per tonne from Thursday’s close. In US data overnight, the Institute for Supply Management (ISM) manufacturing purchasing managers’ index (PMI) fell to its lowest level in more than two years at 54.1 in December, down from 59.3 previously. ISM manufacturing prices were similarly weak at 54 .9 last month, down from 60.7 in November. The weaker-than-expected data sparked a decline in US stock markets overnight, with the Dow Jones Industrial Average plunging 2.8% to close at 22,686.22, the