Base metals took a break after tumble on Friday

Note: This section contains information in English only.
Source: Dukascopy Bank
Industry metals moved higher on Friday amid firmer equities and softer US Dollar. The commodity group took a break in its tumble caused by pessimistic manufacturing data releases from the Euro Zone and China. Moreover, lower risk-aversion after the ECB increased its bong purchases from peripheral countries of the Euro Zone added to gains of the base metals pack. Aluminium was only marginally higher as disappointing US real estate market data limited the upward move of the light metal. Copper ended last week with the positive tone due to strong spot demand while zinc followed copper's suit despite high LME inventories. Nickel was the only loser amid deteriorating housing markets worldwide.


Back to articles

Actual Topics

Mon, 26 Mar 2012 12:18:35 GMT

Energy commodities supported by supply concers and demand hopes

Energy commodities apart from heating oil ended the week on the positive note, being bolstered by supply concerns and demand hopes. From the supply side, Iran reported a drop in oil exports; such oil giants as French Oil already halted totally oil imports from Iran. Meanwhile, demand hopes continued to stimulate growth of the energy prices as traders are positive

Mon, 26 Mar 2012 16:43:15 GMT

Nikkei 225 index finishes slightly higher as Yen weakens

Japan's Nikkei Stock Average retreated from previous week's loss and traded close to flat on Monday after Bank of America Merrill Lynch predicted recent equity gains in Japan may last until summer. Nikkei 225 index added 0.07% or 6.77 points and settled at 10,018.24. Japanese electronics provider Kyocera climbed 1.2% after Yen depreciated against Euro. Mitsumi Electric tumbled 6.6% after

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.