As such, base metals prices along with equity markets have started to pull-back, or at least their rebounds are on hold.
Business loans for long-term investments drop by 15% in Europe in the first quarter, while loans for working capital jump by 26%.
Asian-Pacific and pre-market major western equity indices were mainly weaker this morning, with Germany’s Dax futures indicated to be down by 1.4%
Given the Covid-19 pandemic, the last thing the global economy needs is a flare-up in United States-China trade tension.
Three-month base metals prices on the London Metal Exchange were down across the board this morning by an average of 0.3%, with the pullbacks ranged from 0.1% for nickel ($12,275 per tonne) and 0.5% for lead ($16,23 per tonne). Copper...