Key Macroeconomic Indicators for Base Metal Prices (2016-8-1)
This week will see release of July manufacturing PMIs from major economies, US non-farm employment data, as well as policy meeting of the Bank of England (BOE). |
Metals and mining rally has staying power
Industrial metals and mining on Wednesday on the back of a stronger dollar and lingering worries about global growth. But the dip doesn't mean that the upward momentum is now broken. |
SHFE Nickel Closes Higher (Jun. 14, 2016)
Overnight, SHFE 1609 nickel started at RMB 70,430/mt and stabilized between RMB 70,350-70,500/mt, to end at RMB 70,410/mt. |
Chile's President Bachelet formally opens LME and LME Clear offices
The London Metal Exchange (LME) and LME Clear were pleased to welcome President of Chile Michelle Bachelet to 10 Finsbury Square today, where she officially declared the companies’ new offices and Ring open. |
SHFE Nickel Closes Lower (Jun. 1, 2016)
SHFE 1609 nickel started at RMB 68,160/mt overnight and ranged RMB 67,800-68,200/mt. |
Chile’s President Bachelet Formally Opens LME and LME Clear Offices
The London Metal Exchange (LME) and LME Clear were pleased to welcome President of Chile Michelle Bachelet to 10 Finsbury Square today, where she officially declared the companies’ new offices and Ring open. |
Key Macroeconomic Indicators for Base Metal Prices
Base metals may enter downside track this week due to poor reading of economic figures from China released last weekend. |
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