LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) today showed a rise in the inventory levels of copper and nickel, while the inventory levels of Lead zinc and aluminium declined.

Lead and zinc stocks declined by 300 and 2950 tonnes respectively today, aluminium stocks witnessed a massive fall of 10050 tonnes. Meanwhile, copper stocks increased by 900 tonnes and nickel inventory went up by mere 90 tonnes.

GBP/CHF stuck near Technical resistance

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Short stable period expected in the FX Space – ING

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