Monday 4 August 2014

CAPITAL STROKE UPDATE 5-July-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 119.6-126.2.
Aluminium ended with gains as market sentiment picked up some after the news that Portugal’s Banco Espirito Santo has secured financial aid.

The euro zone’s PPI fell 0.8% YoY, beating expectations, and rose 0.1% MoM in June, up for the first time in six months.

Last week China reported robust manufacturing numbers while US data showed the economy rebounding sharply in the second quarter.

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