Industrial metals supported by falling LME inventories

Note: This section contains information in English only.
Source: Dukascopy Bank
Industrial metals soared amid depreciating US Dollar and decreasing inventories at the LME warehouses. Moreover, ABN AMRO expects nickel, zinc and aluminum to edge up in the Q1 of 2011. Base metals also continued to feel strong backup from the inspiring industry data from the US and the EU. However, the positive trend may be impacted by the growing concerns over the Euro Zone debt crisis. Copper followed the common suit and advanced 0.35% on Wednesday. Red metal's  price may be further supported by 32.3% monthly increase in China's apparent copper consumption. Nonetheless, falling cancelled warrants ratio and lower deficit on the market may create pressure on the copper's price in long term.
Back to articles

Actual Topics

Thu, 26 Jan 2012 16:31:54 GMT

FTSE 100 index retreats on Bernake's signal

UK FTSE 100 Index recovered from two day losses on Thursday as Federal Reserve said it will keep its key interest rates low for longer time period amid signalling about possible additional asset purchases. UK benchmark index rallied 1.1% to 5,788.11 in London day trade, led by resource and financial stocks. Vedanta Resource jumped 7.7%, Rio Tinto gained 5% while

Thu, 26 Jan 2012 14:21:11 GMT

Production cuts lend support to natural gas

Energy markets, except for Brent oil, advanced on Wednesday on the softer US Dollar after Fed's decision on the further monetary policy in the US. Crude oil inched up 0.28% even despite pressure from increasing oil stockpiles in the US. Natural gas was the top performer soaring 6.85% over the day as the commodity continued to get strong support from

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.