CAPITALSTARS MCX COMMODITY BASE METAL COPPER NEWS UPDATE : : 24 JULY 2019
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COMEX Copper slipped amid broad demand concerns after the IMF cut its forecast for global growth this year and next, warning that further US-China tariffs or a disorderly exit for Britain from the European union could further slow growth, weaken investment and disrupt supply chains. The IMF said downside risks had intensified and it now expected global economic growth of 3.2%in 2019 and 3.5% in 2020, a drop of 0.1 percentage point for both years from its April forecast, and its fourth downgrade since October..
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