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SMM Morning Review - 2011/8/3 Zinc Market
Aug 3, 2011 09:25The US dollar index overnight surged to 74.7.
SHANGHAI, Aug. 3 (SMM) -- The US dollar index overnight surged to 74.7. According to data, US personal income for June was up 0.1%, compared to the forecast of a 0.2% increase, while US personal spending dropped 0.2% in June, the largest decrease in two years. In this index, LME zinc prices overnight moved between USD 2,410-2,440/mt, with prices closing at USD 2,438/mt, down USD 35/mt, at the 20-day moving average.
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