Base metals mixed after support found again on Monday, markets looking more ‘risk on’

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Tuesday December 7; but many still look vulnerable on the charts, even though sentiment in the broader markets now seem more ‘risk-on’.

China eased its monetary policy by cutting its reserve requirement rate (RRR) by 0.5% to 8.4%. Markets are taking some comfort from early signs that cases of the Omicron...


William Adams

December 07, 2021

08:56 GMT