There is a barrage of key Chinese economic data out this week, which the market is likely to watch closely for signs that the Chinese economy is slowing
Three-month base metals prices on the London Metal Exchange were mainly weaker on Monday. Nickel led the decline with a 1.3% drop to $20,125 per tonne, followed by a 0.8% fall in zinc to $3,082.50 per tonne, while aluminium bucked the trend with a 1.3% rise to $2,965 per tonne. Copper was down by 0.1% at $9,682 per tonne.
Despite the overall weaker performance this morning, on the charts most of the metals started to look stronger last week, suggesting they...