Base metals prices mixed as markets consolidate after increased volatility, ahead of Fed decision

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Wednesday January 26, with the metals consolidating after broad market corrections and while traders wait to see whether the US Federal Reserve’s tone on tightening changes when it releases a statement later today.

Western equity index futures point to higher openings this morning. Geopolitical concerns about the stand-off between Russia and Ukraine remain firmly in place. Base metals Three-month base metals prices on...

Published

William Adams

January 26, 2022

07:34 GMT

London