Friday, 19 May 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 MAY 2017

Aluminium trading range for the day is 121.7-126.7.Aluminium gained despite political uncertainty in the US hit hopes that President Donald Trump would be able to boost infrastructure spending.Base metals got support as Indian rupee weakened over 1.1%, its steepest fall in 21-month against the US dollar. US Commerce Department launched an investigation into whether aluminium imports from China and elsewhere were compromising US national security.

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