COMEX copper is seen extending losses below $3.8 levels as resurfacing recession worries are offsetting hopes of increased demand from China. The metal was supported in the previous session as China relaxed its COVID-19 quarantine mandates. Overnight gains in the US dollar also added pressure on copper prices. The red metal is currently quoting down 0.69% at $3.7320 per pound. Meanwhile, A report from the Conference Board showed U.S. consumer confidence deteriorated to its lowest level in over a year in June. The Conference Board said its consumer confidence index slid to 98.7 in June from a downwardly revised 103.2 in May. Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.