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CLOSE TO CLOSE: Base metals prices fluctuate in ranges on varying data releases
January 24, 2013 - 17:40 GMT
close to close
Base metals rose in kerb trading on the London Metal Exchange on Thursday January 24, as the complex continued to oscillate slowly within ranges on various economic data releases.
Prices fell on Monday on low volumes, before rising through
Tuesday and Wednesday morning after the Bank of Japan announced
fresh stimulus plans. But prices fell on Wednesday afternoon
and that continued in early trading on Thursday. Weaker stock
markets helped prices down, while the IMF changed its global
growth forecast for 2013 to 3.5% from 3.6%. But strong Chinese
data limited the negative impact. "Better than expected...
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