Posted by aditi on 10:53:00 with No comments
Aluminium trading range for the day is 114-118. Aluminium settled down as investor fears over China mount – most risk asset classes are vulnerable to further selling pressure. Data showed Chinese industry racked up its strongest profit growth in three months in November, suggesting the world's second-largest economy was improving. The Labor Department released a report showing that initial jobless claims pulled back in line with estimates in the week ended December 24th.
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