Friday 6 January 2017

EPIC RESEARCH MCX ZINC UPDATE OF 6 JANUARY 2017


Zinc trading range for the day is 175-179.8. Zinc dropped after the release of forecast-missing US jobs data, although the market is still well positioned after a series of strong manufacturing figures. U.S. services sector activity held at a one-year high in December as new orders surged and the number of Americans filing for unemployment benefits fell near a 43-year-low last Metals markets over the next two weeks will focus on China, where a raft of key manufacturing and trade data is expected to show solid growth.

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