LIVE FUTURES REPORT 03/07: Dow Jones broadly buoys LME base metals; Cu down 1.3% on inflows [CORRECTED]

Base metals traded on the London Metal Exchange made marginal gains during the morning session on July 3, buoyed by the 0.26% rise in the Dow Jones index.

A strengthening US dollar index, which increased by 0.07 to 96.81, failed to suppress prices but macro headwinds generally capped gains nonetheless. The LME three-month copper contract fared the worst of the complex, trading down by 1.3% to around $5,853 per tonne on a significant 33,600-tonne inflow into Asian LME warehouses as of 9am on the same day. Copper inflows into warehouses in Asia may...

Published

Amy Hinton

July 03, 2019

10:15 GMT

London