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Global Equities Roundup: Market Talk

14 Jun 2017 4:35 am

0435 GMT - Base metals reverse losses after data showed China's industrial growth held steady in May. Value-added industrial output, a rough proxy for economic growth, in May rose 6.5% from a year earlier, the same pace as in April, the National Bureau of Statistics said. Still, prices aren't up sharply as investors are awaiting cues from a meeting of the Federal Reserve later in the day, which is likely to indicate the direction of interest rates, says Gnanasekar Thiagarajan, director of Commtrendz Risk Management. Three-month zinc prices on the London Metal Exchange are up 0.6% at $2,488/ton, while copper was up 0.2% at $5,730/ton. (biman.mukherji@wsj.com)

(END) Dow Jones Newswires

June 14, 2017 00:35 ET (04:35 GMT)

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