Base metals prices mixed, PMI data may provide direction

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on Friday April 22, though concerns in the market remain the same - slower growth in China and across the globe, with rising interest rates, inflation and energy prices all weighing on sentiment.

• US Federal Reserve chair Jerome Powell said a 50-basis-point rate rise was possible at the next meeting • US dollar, treasury yields rise Base metals Three-month base metals prices on the LME...


William Adams

April 22, 2022

07:32 GMT