Falling initial jobless claims in the United States boosted sentiment
An indefinite strike has started at BHP’s Santiago copper-mining operations center
Asia-Pacific equities upbeat as are pre-market major Western equity index futures
LME three-month base metals prices were split, but the gains outweighed the losses. Copper and aluminium were both down by 0.2% at $10,277 per tonne and $2,482 per tonnes respectively. The rest were up by an average of 0.8%, with lead ($2,211 per tonne) being the laggard and tin ($30,745 per tonne), the outperformer.
Friday’s early movements came after a bullish run on Thursday when the LME complex closed higher by an average of 2.6%.
The most-active Shanghai Futures Exchange base metals...