MARKET TALK: LME Zinc Flat; Market Eyes Equities Weakness

LME 3-month zinc unchanged at $3,470/ton in Asia in thin volume, and sentiment remains sensitive to weakness in equity markets, says trader at Japan house. Pegs short-term support at 30-day moving average of $3,400, also a psychological support level; tips zinc to rebound once equity markets stabilize. Note China shares rebounding; Nikkei down 1% but off lows.