EPIC RESEARCH MCX ZINC UPDATE OF 02 AUGUST 2017

Zinc trading range for the day is 175.8-180.6. Zinc dropped on profit-taking in much of the complex following several patchy U.S. economic reports. Factories in China and Japan motored ahead in July, giving investors optimism that the global economy can carry momentum through into the second half of the year. China's central bank will continue to force financial institutions to cut debt but ensure the process is smooth and orderly to limit its impact on market liquidity.

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