EPIC RESEARCH MCX Zinc UPDATE OF 24 October 2018
Posted by Commodity Updates by Epic Research on 12:57:00 with No comments
Zinc trading range for the day is 196.6-202.4.
Zinc dropped reflecting investor doubts over plans by China to reinvigorate the world’s No. 2 economy after growth slowed.
China's economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors.
China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product.
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