EPIC RESEARCH MCX Zinc UPDATE OF 1 February 2019

Posted by Commodity Updates by Epic Research on 14:35:00 with No comments

Zinc trading range for the day is 190.4-198.4.
* Zinc gained tracking rise in LME prices after the U.S. Federal Reserve said it would be patient with interest rate hikes.
* Risk appetite across investors is likely to wane with the US-China trade negotiations and US nonfarm payrolls in the spotlight.
* German retail sales plummeted by 4.3% on the month in December, the fastest rate in 11 years.


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