Sideways volatility continues for base metals amid focus on Omicron variant, US Fed, big data

Base metals prices on the London Metal Exchange were up across the board on the morning of Wednesday December 1 while those on the Shanghai Futures Exchange were mixed with markets contending with many developments.

•United States Federal Reserve chair Jerome Powell suggested on Tuesday that tapering could start sooner than later. •Fed’s hawkishness seems somewhat bold given the unknown over Omicron variant of Covid-19 •Barrage...


William Adams

December 01, 2021

09:27 GMT