MORNING VIEW: Base metals mixed, broader market focused on FOMC announcements

March 18, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were mainly firmer on Wednesday March 17, while on the Shanghai Futures Exchange they were weaker across the board.

Broader markets were treading water ahead of this evening's US Federal Open Market Committee (FOMC) announcements and press conference. United States 10-year treasuries yields have firmed again to 1.63% EU passenger car registrations are down by 19.3% in February and declined by 21.7% over January and FebruaryBase metals LME three-month copper prices were upbeat, with prices up by 1.4% at $9,042.50 per tonne. LME nickel (at $16,075 per tonne) was the only metal in negative territory, down by 0.3%. LME tin (at $25,250 per tonne) was not traded, with zinc (at $2,828 per tonne) up...

Recent News

Gold stocks propelled by gain in metal and equities

May 13, 2024 / www.canadianminingreport.com

Big Gold producers report strong Q1/24 results

May 13, 2024 / www.canadianminingreport.com

Gold stocks decline as metal drop offsets equity risk on

May 06, 2024 / www.canadianminingreport.com

Canadian mining equity capital raising robust in 2023, early 2024

May 06, 2024 / www.canadianminingreport.com

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok