ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-141 R1-139 S1-135 S2-133
Zinc prices dropped on profit booking after US dollar index strengthened due to upbeat US consumption and manufacturing data.
Data from the NBS showed that China’s GDP grew by 7.5% YoY in the second quarter, in line with the 2014 GDP growth target.
US June housing starts and the number of US initial jobless claims last week will be announced today, which are pessimistic.
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