LME Inventory Update

The daily inventory data released by the London Metal Exchange (LME) today showed a decline in the inventory levels Copper and Lead. Meanwhile, the data showed a rise in the inventory levels of Aluminium and Zinc.
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USD/JPY rises on Kuroda's speech - BTMU

Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ notes USD/JPY was lifted following BoJ governor Haruhiko Kuroda's speech overnight, in which he reiterated commitment to aggressive monetary policy stance until inflation target is reached.
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