Tuesday 20 May 2014

CAPITAL STROKE COMMODITY UPDATE 20 MAY 2014: MCX ALUMINIUM

Aluminium trading range for the day is 101.1-102.9.

Aluminium settled down as market traded in the range in the absence of microeconomic data.

The euro zone’s construction output released fell 0.6% MoM in March, which was due mostly to a large decline in Germany’s construction.

Investors should keep close watch on interest rate meeting minutes of the Bank of England and the US Federal Reserve.


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