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Copper Futures: Rebound on the cards?

Open interest and volume shrunk by around 5.5K contracts and nearly 23K contracts, respectively, on Tuesday according to advanced figures from CME Group.

Copper could attempt a bounce in the near-term

Prices of the futures of the base metal have been losing ground uninterruptedly since January 15th. Tuesday’s price action, however, was amidst diminishing open interest and volume, all indicative that a rebound could be shaping up in the short-term.

East Africa: Further cut in Kenya; on hold in Uganda – Standard Chartered

Razia Khan, Chief Economist, Africa and Middle East at Standard Chartered Bank, sheds light on the East African central banks’ monetary policy outlook
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USD/CAD fluctuates in tight range below 1.3200 ahead of FOMC

After rising to its highest level in more than a month at 1.3106 on Tuesday, the USD/CAD pair lost its traction and closed the day in the negative ter
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