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LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) showed a drop in the inventory levels of most base metals viz., Copper, Zinc, Lead and Aluminium. While Nickel inventories witnessed a built-up.

Copper stocks decreased by 2975 tonnes. While Aluminium inventories subtracted 5725 tonnes. Stock levels of lead and zinc deducted 3650 tonnes and 2675 tonnes respectively. On the contrary, Nickel stocks added 228 tonnes.

EUR and GBP eyeing previous lows – InvestingBetter

Alpesh Patel of InvestingBetter, shares the fundamental and technical outlook for EUR/USD and GBP/USD, viewing that the uncertainty relating to Greece and UK elections is set to keep the euro and sterling pressured.
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SKY pushes FTSE higher

The London’s Ftse index advanced moderately on Tuesday, supported by the strong gains in SKY shares on the back of an upbeat third quarter results. The FTSE 100 index was up 33.25 points at 7,085.38.
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