EPIC RESEARCH Zinc Gold UPDATE OF 10 August 2018
Posted by Commodity Updates by Epic Research on 12:26:00 with No comments
Zinc trading range for the day is 176-187.
* Zinc dropped tracking weakness in LME prices due to a rapid rise in the dollar.
* The U.S. Trade Representative’s office said the U.S. would begin collecting 25 percent tariffs on another $16 billion in Chinese goods later this month.
* China's foreign exchange reserves increased in July, figures from People's Bank of China showed.
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* Zinc dropped tracking weakness in LME prices due to a rapid rise in the dollar.
* The U.S. Trade Representative’s office said the U.S. would begin collecting 25 percent tariffs on another $16 billion in Chinese goods later this month.
* China's foreign exchange reserves increased in July, figures from People's Bank of China showed.
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