Nickel prices on the Shanghai Futures Exchange fell during Asian morning trading on Monday May 21 amid a stronger dollar, but the outlook for the metal remains positive owing to strong fundamentals.

Positive headlines regarding continuing US-China trade talks have fueled a recovery in global risk sentiment so far on Friday March 29, subsequently providing support to three-month base metals prices on the London Metal Exchange.

Global risk sentiment improved on Monday June 10 after the United States reached a last-minute trade deal with Mexico over the weekend, averting the imposition of a 5% tariff on all Mexican goods entering the US.

Here are five Fastmarkets MB stories you might have missed on Friday August 2 that are worth another look.

Further weakness in China’s Caixin manufacturing purchasing managers’ index (PMI), that fell to 48.3 in January from 49.7 in the prior month, was enough to dent confidence in the base metals market this morning, Friday February 1, with prices for the most part weaker as a result.

Three-month base metals prices on the London Metal Exchange had a mixed start to trading on Tuesday March 26 while recessionary fears subsided.

Markets participants are in an optimistic mood while they focus on economic data that is improving and hopes of a Covid-19 vaccine this morning, Thursday July 2, while apparently choosing not to focus on the havoc that the pandemic is causing.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Thursday June 14.

In a reversal of the previous day’s show of strength, base metals prices on the Shanghai Futures Exchange were down across the board during morning trading on Wednesday July 31.

Base metals prices on the Shanghai Futures Exchange were all down at the close of morning trading on Thursday March 12, with investors’ appetite for risk dented by broad economic concerns after the World Health Organization (WHO) declared the novel coronavirus (2019-nCOV) outbreak a global pandemic.