Sunday, September 12, 2010

MRKT ALERT 6.30 PM

MCX Copper looks weak below 351 with Res seen above 353.50 and could test 349 - 347 levels..
China’s industrial-production grew in August at a faster pace than economists estimated and inflation accelerated to the quickest since October 2008.Output gained 13.9 percent from a year earlier, the National Bureau of Statistics said in Beijing today. Consumer prices rose 3.5 percent, compared with 3.3 percent in July, as food costs climbed.