Zinc rallied depite weak demand on Monday

Note: This section contains information in English only.
Source: Dukascopy Bank
Industry metals except from zinc continued a bearish trend on Monday as stronger US Dollar and cooling China's economy pulled the commodity group lower. Ongoing Euro Zone's debt concerns after surging Spain's cost of borrowing also pressured the base metals pack. Aluminium's downswing was limited as demand strengthened while copper was marginally lower despite stimulating increase in the US retail sales.  Red metal's production in Chile is expected to soar this year after falling by 3% in 2011 amid diminishing ore grades. Meanwhile zinc was the strongest metal in the group despite soft demand and weak global equities while nickel lost 4% along with disappointing manufacturing activity worldwide.


Back to articles

Actual Topics

Tue, 17 Apr 2012 19:39:32 GMT

Rural commodities slumped on improved supply prospects

Agricultural commodities extended previous slump on Monday as firmer US Dollar and softer global equities added pressure to the commodity pack. Grains were mainly impacted by the improving weather conditions in the main planting regions in the US, the Great Plants and Midwest, that are expected to boost harvest prospects. At the same time sugar declined as Brazil is likely

Tue, 17 Apr 2012 19:39:15 GMT

Nikkei 225 index ends slightly lower on Tuesday

Japan's Nikkei Stock Average ended modestly lower on Tuesday ahead of Spanish debt auction. Nevertheless losses were limited as US posted a strong retail sales data. Nikkei 225 index shed 0.06% or 5.93 points and settled at 9,464.71. Sony Corp tumbled 2.3% as the electronics company gets about 20% of its revenue in European region. Olympus Corp. lost 2.3% after

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.