January 2019

METALS MORNING VIEW 21/01: Metals prices hold up well despite China's weak GDP

Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly.

LIVE FUTURES REPORT 18/01: Comex copper price extends positive momentum

The Comex copper price continued to move higher on Friday January 18 ahead of the US public holiday amid a short-covering rally.

METALS MORNING VIEW 18/01: Metals prices strengthen while optimism on US-China trade deal grows

Growing optimism over the outlook for a trade agreement between the United States and China has led to a stronger tone across risk markets, including those for metals.

LIVE FUTURES REPORT 17/01: Comex copper price fails to maintain midweek gains

The Comex copper price reversed lower in the US morning on Thursday January 17 with the market unable to find solid direction amid a lack of news on trade developments between the United States and China.

METALS MORNING VIEW 17/01: Metals prices consolidate while uncertainty, firmer dollar cap the upside

Three-month base metals prices on the London Metal Exchange exhibited mixed movements while consolidating this morning, Thursday January 17. Copper, nickel, lead and zinc were down by between 0.1% and 0.5%, while aluminium and tin prices were up by 0.3% and 0.4% respectively.

LIVE FUTURES REPORT 16/01: Comex copper jumps in midweek session

Comex copper prices increased on Wednesday morning in the United States amid positive tailwinds from the Chinese stimulus news.

METALS MORNING VIEW 16/01: Metals prices robust following Chinese stimulus

Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Wednesday January 16, with prices up by an average of 0.8%. This after further temporary stimulus measures from China gave sentiment a boost.

LIVE FUTURES REPORT 15/01: Comex copper prices recover on Chinese stimulus news

Comex copper prices bounced-back on Tuesday morning in the US amid news of another round of Chinese monetary stimulus arriving soon.

METALS MORNING VIEW 15/01: Monday's metal price weakness attracts dip-buying after China stimulates its economy

Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Tuesday January 15, with prices up by an average of 0.3%.

LIVE FUTURES REPORT 14/01: Comex copper opens week on back-foot

Comex copper prices softened Monday morning in the United States amid new evidence that the trade war is hurting the Chinese economy.