lme base metals close higher as market expects ecbs action
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

LME base metals close higher as market expects ECB's action

Arab Today, arab today

Arab Today, arab today LME base metals close higher as market expects ECB's action

European Central Bank
London - XINHUA

The base metal prices on the London Metal Exchange (LME) closed higher on Friday as weak Eurozone economic data made market expected too much from the European Central Bank (ECB).
Eurozone inflation slowed in August and the region's unemployment rate remained close to a record, increasing pressure on the European Central Bank to take action to kindle the bloc's faltering recovery.
The eurozone's annual inflation rate dropped to 0.3 percent in August, from 0.4 percent in July, according to a flash estimate issued by Eurostat, the statistical office of the European Union, on Friday.
Besides, the eurozone's seasonally-adjusted unemployment rate was 11.5 percent in July, stable compared with June, according to figures released by Eurostat.
The three-month unofficial copper price increased 36.5 U.S. dollars, or 0.53 percent, to 6,969 U.S. dollars per tonne.
The three-month unofficial aluminium price increased 28.5 U.S. dollars, or 1.37 percent, to 2,104 U.S. dollars a tonne.
The three-month unofficial lead price lost 1.5 U.S. dollars, or 0.07 percent, to 2,245 U.S. dollars a tonne.
Besides, the three-month unofficial zinc price increased 14 U.S. dollars, or 0.60 percent, to 2,354 U.S. dollars a tonne.
The three-month unofficial nickel price lost 50 U.S. dollars, or 0.27 percent, to 18,625 U.S. dollars a tonne.
The three-month unofficial tin price increased 25 U.S. dollars, or 0.11 percent, to 21,800 U.S. dollars a tonne.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lme base metals close higher as market expects ecbs action lme base metals close higher as market expects ecbs action

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lme base metals close higher as market expects ecbs action lme base metals close higher as market expects ecbs action

 



GMT 21:16 2016 Monday ,27 June

Zaki Badr discusses cleaning problem in Giza

GMT 21:46 2017 Saturday ,14 January

Turkey arrests 60 businessmen for alleged Gulen ties

GMT 22:38 2017 Friday ,24 March

Abbas meets with Merkel in Berlin

GMT 09:02 2017 Monday ,27 March

Tunisian Premier Concludes Visit to Sudan

GMT 15:54 2017 Friday ,01 September

Attorney General Directs Prosecutors to inspect Prison

GMT 09:22 2017 Sunday ,31 December

HM King condoles with Afghanistan President

GMT 10:12 2016 Wednesday ,06 April

Strong dollar, mild weather shrink H&M profits

GMT 17:03 2016 Saturday ,24 December

7 police killed in attacks in Afghansitan

GMT 13:51 2017 Friday ,17 March

Israel denies Syria shot down a warplane

GMT 04:08 2017 Thursday ,05 January

Carbon tax can fund clean energy transition

GMT 19:27 2016 Wednesday ,14 September

Alstom to go ahead with plans to shut down Belfort plant
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday