Monday, 18 April 2011
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Copper Will Be Under Check Due To Rise In Dollar And Benchmark Rates
News based selling was witnessed in Copper during last week. Positive China import numbers did little to change the course for Copper. Now the increase of CPI in China at 32-month high and lingering problems in Europe relating to higher prices has questioned the rise of base metals especially Copper. Eurozone annual inflation rose to 2.7% ahead of ECB comfort limit of 2%. This has increased the
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