LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) showed a drop in the inventory levels of all the base metals viz. Copper, Lead, Zinc and Aluminium.

Copper stocks decreased by 3025 tonnes. While stock levels of zinc and aluminium subtracted 1188 tonnes and 4200 tonnes respectively. Lead and Nickel witnessed a drawdown of meagre 525 tonnes and 50 tonnes respectively.

Mar 26, 2015

Eurozone credit picking up – ING

Teunis Brosens of ING, reviews the Eurozone money supply data release, noting that eurozone sees a return of positive credit growth after over two years of contraction.

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Mar 26, 2015

FTSE falls for the third session

The London’s Ftse index fell for the third consecutive session, tracking the sell-off in the global equity markets. The Ftse index fell 1.05% to 6920.30 levels.

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