, rising copper weighs - EconoTimes)
Source: Thomson Reuters
- USD/CLP weak as copper rises & US yields fall, holds below 10-DMA (613.53)
- Supports near 609.70 Apr 9 low and then 607.92 Apr 6 low, resistance at 614.35 daily pivot
- Chile rate decision after close, expected steady as inflation returns to target
- US jobless claims/housing miss has little effect as USD was weak into data
- Copper rallying as China FDI was up 11.3%, more Chinese stimulus expected
