Wednesday 25 June 2014

CAPITAL STROKE UPDATE 26-June-2014 : MCX ALUMINIUM


Aluminium trading range for the day is 110.7-114.3.
Aluminium gained as the US economy shrank faster than estimated in Q1 and the country’s durable goods orders fell in May. The number of US initial jobless claims last week will be released today, and a falling US dollar index will give support to base metals prices.

Aluminium daily stocks at Shanghai exchange came down by 2949 tonnes.

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