Category: MCX
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Zinc Dropped As Global Zinc Market Moved To A Surplus Of 58,700 MT In January.
Zinc prices experienced a slight decline, settling at 216.75, down by -0.34%. This dip was influenced by the shift in the global zinc market from a deficit to a surplus of 58,700 metric tons in January, according to data from the International Lead and Zinc Study Group (ILZSG). The surplus contrasts sharply with previous months, notably January 2023, when a surplus of 54,000 tons was recorded. Additionally, exchange stocks of zinc in Shanghai increased slightly, nearing last year’s seasonal build levels.
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SILVER Price Today | Live Updates – Check SILVER Rate Live On Here. Find SILVER Price in India, Silver Price Forecast, Price Chart, News.| https://www.metrotradingtips.in/| 7454840856
Silver Gains As The Fed Will Cut Interest Rates In June Remain Firm.
Silver prices saw a modest increase, settling at 74662, up by 0.19%, propelled by steadfast expectations of a potential interest rate cut by the Federal Reserve in June. Despite uncertainties surrounding inflation, particularly in housing, Chicago Fed Bank President Austan Goolsbee expressed confidence in the fundamental narrative of inflation eventually reaching the 2% target.
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DATA’S NAME | CURRENCY | TIME |
German Retail Sales m/m | EUR | 12:30pm |
Current Account | GBP | |
Final GDP q/q | GBP | |
Revised Business Investment q/q | GBP | |
KOF Economic Barometer | CHF | 1:30pm |
German Unemployment Change | EUR | 2:25pm |
M3 Money Supply y/y | EUR | 2:30pm |
Private Loans y/y | EUR | |
GDP m/m | CAD | 6:00pm |
Final GDP q/q | USD | |
Unemployment Claims | USD | |
Final GDP Price Index q/q | USD | |
Chicago PMI | USD | 7:15pm |
Pending Home Sales m/m | USD | 7:30pm |
Revised UoM Consumer Sentiment | USD | |
Revised UoM Inflation Expectations | USD | |
Natural Gas Storage | USD | 8:00pm |
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Crude Oil Booked 50 Pts
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Copper Booked 4 Pts
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Check ECONOMIC CALENDAR EVENTS in Real Time on Our Sites and See the Global Financial Market Impact by Country and Importance with Previous Forecast. https://www.metrotradingtips.in/| 7454840856
ECONOMIC DATA’S:
TIME | CURRENCY | DATA’S NAME |
12:30pm | EUR | German Retail Sales m/m |
GBP | Current Account | |
GBP | Final GDP q/q | |
GBP | Revised Business Investment q/q | |
1:30pm | CHF | KOF Economic Barometer |
2:25pm | EUR | German Unemployment Change |
2:30pm | EUR | M3 Money Supply y/y |
EUR | Private Loans y/y | |
6:00pm | CAD | GDP m/m |
USD | Final GDP q/q | |
USD | Unemployment Claims | |
USD | Final GDP Price Index q/q | |
7:15pm | USD | Chicago PMI |
7:30pm | USD | Pending Home Sales m/m |
USD | Revised UoM Consumer Sentiment | |
USD | Revised UoM Inflation Expectations | |
8:00pm | USD | Natural Gas Storage |
TRY IT FIRST FOR PROFESSIONAL SERVICES:-
First Get Free Trial Service:-
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Join Our Paid Services:-
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Check ECONOMIC CALENDAR EVENTS in Real Time on Our Sites and See the Global Financial Market Impact by Country and Importance with Previous Forecast. https://www.metrotradingtips.in/| 7454840856
ECONOMIC DATA’S:
TIME | CURRENCY | DATA’S NAME |
12:30pm | EUR | German Retail Sales m/m |
GBP | Current Account | |
GBP | Final GDP q/q | |
GBP | Revised Business Investment q/q | |
1:30pm | CHF | KOF Economic Barometer |
2:25pm | EUR | German Unemployment Change |
2:30pm | EUR | M3 Money Supply y/y |
EUR | Private Loans y/y | |
6:00pm | CAD | GDP m/m |
USD | Final GDP q/q | |
USD | Unemployment Claims | |
USD | Final GDP Price Index q/q | |
7:15pm | USD | Chicago PMI |
7:30pm | USD | Pending Home Sales m/m |
USD | Revised UoM Consumer Sentiment | |
USD | Revised UoM Inflation Expectations | |
8:00pm | USD | Natural Gas Storage |