Macro Environment Warms Up, Zinc Prices Rise Accordingly [SMM Morning Meeting Summary]
- feb 21, 2025, at 8:51 am
[SMM Morning Meeting Summary: Macro Environment Improves, Zinc Prices Rise Accordingly] LME zinc recorded a bullish candlestick overnight, with support provided by the 40-day moving average below. The US dollar index fell sharply overnight, coupled with easing international disputes, leading to a broad rise in base metals, with LME zinc rising accordingly.
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