LIVE FUTURES REPORT 11/08: LME base metals prices fall; Al, nickel lose momentum

Base metals prices on the London Metal Exchange are down across the board in the morning of Friday August 11, with nickel prices falling by over 2%.

The three-month copper price is down over $50 while other base metals followed suit as increased tension between the USA and North Korea has seen risk aversion increase among investors. “The base metals are under pressure today as escalating geopolitical tensions between the USA and North Korea continue to trigger risk aversion, triggering profit-taking after bullish sentiment pushed many of the metals to fresh multi-month highs...

Published

Alice Mason

August 11, 2017

10:41 GMT

London