LIVE FUTURES REPORT 26/06: LME Zn price down 0.6% on inflows; firmer dollar outweighs metals trade optimism

Base metals on the London Metal Exchange were barely changed during a subdued morning session on Wednesday June 26, with a firmer dollar and sluggish US economic data constraining trading.

Market analysts therefore remain cautious while optimism ebbs and flows, broadly capping any gains across the complex. “The rebound momentum in the LME base metals earlier this week may all be mere short-covering - extra confirmation is needed before bulls can get excited again,” Fastmarkets analyst Andy Farida said. Zinc is in...


Amy Hinton

June 26, 2019

10:27 GMT