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MF Global Daily Report: Base Metals (Aug. 17, 2011)

iconAug 17, 2011 10:27
Metals ended mixed in a very quiet start to the week, this despite the fact that both US equity and energy markets posted solid gains.

Aug. 17 (MF global) -- Metals ended mixed in a very quiet start to the week, this despite the fact that both US equity and energy markets posted solid gains. Aluminum was particularly weak, approaching, but not yet breaching its January 2011 low of $2360. In other markets, gold finished higher, while the dollar closed sharply lower, although it did little to help metals per se.

base metals
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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