| Industrial metals from aluminum to zinc rose as tensions eased in the Gaza Strip and signs emerged that the U.S. pushed back militants in Iraq, boosting investor sentiment for commodities. There were no rockets fired from Gaza or no Israeli airstrikes on the territory since a cease-fire went into effect at midnight, the Israeli army said.
Yesterday in Iraq, Kurdish forces were able to retake two towns as militants retreated after U.S. strikes, according to the Kurdish news agency. A gauge of metals fell 1.4 percent in the two weeks ended Aug. 8 as turmoil escalated in the Middle East and Eastern Europe..........................................Full Article: Source
|