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EPIC ZINC OIL TREND FOR TODAY 7-JUNE-2013

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EPIC ZINC OIL TREND FOR TODAY 7-JUNE-2013 Empty EPIC ZINC OIL TREND FOR TODAY 7-JUNE-2013

Post  Admin Fri Jun 07, 2013 2:11 pm

Zinc trading range for the day is 108-110.
Zinc ended lower as expectations that European central bank will further loosening policies failed weighed
The sluggish US employment data triggered concerns over non-farm employment data due to be released today
Market sentiment looks to improve, zinc prices are expected to gain back some losses due to plummeting US dollar index.
Warehouse stock for Zinc at LME was at 1078300mt that is down by -4025mt.

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