Thursday, 10 July 2014

CAPITAL STROKE UPDATE 10-June-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 113.5-116.9.
Aluminium dropped as market players were cautious due to sluggish economic data from China and ahead of the Fed minute announcement.
However downside seen limited underpinned by improving prospects for global growth and shrinking supply.

China's consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy.

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