Wednesday, November 20, 2019

Today Basemetal Report : 21.11.2019

Today Basemetal Report : 21.11.2019

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 Following the ongoing fundamental developments, near term sentiments are likely to remain mixed and will be largely depend on progress in U.S. – China trade deal. However, we believe outlook seems to remain faltered, not just because of any meaningful conciliation in trade deal but also on the barrage downbeat economic release from China – the biggest consumer of base metals. Moreover, ongoing political unrest in Hong Kong also cast dark clouds on sustained economic growth in region.