EPIC RESEARCH MCX ALUMINIUM UPDATE OF 16 DECEMBER 2016

Posted by aditi on 11:06:00 with No comments

Aluminium trading range for the day is 117-119.6. Aluminium gained despite of surging dollar, which was fuelled by hawkish US monetary policy. US weekly unemployment claims for December 1-8 at 254,000 were below the previous 258,000 and the psychologically important 300,000 mark. Inflation figures in November including the core CPI and the CPI were both in line with expectations of a 0.2% uptick.

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