GBP: CPI miss might not mean September cut – ING

Sterling is dropping this morning after the release of the UK July inflation report, which showed below-expectation prints across the board.
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Metals: LME Zinc inventories rise – ING

LME Zinc inventories grow, Copper inventories go down by quite a bit, ING’s commodity strategists Ewa Manthey and Warren Patterson note.
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