OctaFX | OctaFX Forex Broker
Open trading account
Back

Aluminium Inventory declines

FXStreet (Mumbai) - The daily inventory data released by the London Metal Exchange (LME) today showed a decline in the inventory levels of Copper and Zinc. Meanwhile, the data showed a rise in the inventory levels of Aluminium, Lead and Nickel.

Aluminium inventory rose by 13450 tonnes today, while the Zinc inventory declined by 2425 tonnes. Nickel inventory increased by 816 tonnes, while Copper inventory declined by 50 tonnes. Lead inventory increased by 2050 tonnes.

Immediate EUR/USD pressure is on the downside - UOB Group

The Market Strategy Team at UOB Group suggest that EUR/USD weakness should continue in the nearest future.
Read more Previous

FOMC statement reinforces expectations for a rate hike in mid-2015 - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ comments on yesterday's Fed monetary policy announcement which in his opinion suggests that interest rates should start rising in the middle of next year.
Read more Next
Start livechat