Archive for tag: METALS
LME LATEST – Metals meander after mixed stocks report; await options expiry
LME LATEST – Metals meander after mixed stocks report; await options expiry - Metals meandered sideways after mixed LME inventory figures that showed trend reversals in some contracts, while movements were also constrained ahead of options expiry and as profit-taking emerged in broader financial markets. Read more on The Forex Market
LME LATEST – Metals muted after stocks report, robust euro fails to trigger rally
LME LATEST – Metals muted after stocks report, robust euro fails to trigger rally - Base metals dipped following the latest round of inventory data that saw inflows for most metals including copper, failing to gain much steam from a rallying euro that printed a new three-month high against the dollar on further signs of a [...]
METALS – European Opening View – Gold steady, base metals mixed as Chinese growth misses forecast
METALS – European Opening View – Gold steady, base metals mixed as Chinese growth misses forecast London, 15 July 2010 – A decline in US retail sales and caution ahead of key Chinese data led the base complex to reverse initial gains Wednesday while gold closed in negative territory after failing to conquer chart resistance around [...]