- The copper market staged a major recovery and was last trading at a two-month following an investor reassessment of the Brexit decision.
- Investors have accepted that the withdrawal from the Eurozone will be prolonged and that macroeconomic conditions aren’t expected to be too much different in the interim.
- Markets are expected to be docile until Friday’s Chinese PMI, but the amount of investors traveling for the holiday weekend could lead to volatile price movements.
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Source: Bullion Desk News