Macro sentiment weak, zinc prices plunge [SMM Morning Meeting Minutes]

[SMM Morning Meeting Summary: Weak Macro Sentiment Sends Zinc Prices Tumbling] Overnight, LME zinc recorded a large bearish candlestick, with the daily candlestick center shifting sharply lower, breaking below multiple moving average supports, and the MACD green bars expanding significantly. US initial jobless claims fell to a three-month low and approached a nearly 57-year low, with the economy achieving a soft landing, inflation......
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- Section
- Business
- Topics
- Economy & RBI
- First reported by
- Shanghai Metals Market
- Published
- Friday, 23 October 2026, 10:27 am IST
- Coverage
- One outlet so far
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