LME Inventory update

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

Aluminium inventory decreased by 11,600 tonnes today, while Nickel inventory increased by 1932 tonnes. Copper inventory declined by 1075 tonnes, while Lead inventory remained unchanged, and Zinc inventory inventory fell by 3525 tonnes.

On the LME, Aluminium trades largely unchanged, while Zinc. Nickel and Lead declined. Copper declined 0.4%, after closing at the lowest since Oct. 20 yesterday.

UK GDP second reading unchanged - 0.7% QoQ, 3% YoY

The second reading of UK GDP was unchanged from the preliminary reading.
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