Market participants focused on whether the European Central Bank (ECB) will signal it is ready to start tapering – the ECB meets today
Better-than-expected US job openings numbers once again open the way for a more hawkish Federal Reserve
Three-month base metals prices on the LME were stronger with gains averaging 0.7% this morning, led by a 1.5% rise in nickel ($19,975 per tonne) and a 1.4% rise in aluminium ($2,830 per tonne), with both metals setting multi-month and multi-year highs respectively.
The rest of the metals were up by an average of 0.3%, with copper up by 0.2% at $9,288.50 per tonne.
The most-active base metals contracts on the SHFE...