While US-China trade talks continue, the market seems to be clinging on for an eleventh-hour deal this morning, Friday May 10, because key markets are holding up surprisingly well. But, if a deal does not miraculously emerge soon then further disappointment is likely to set in.

Base metals prices on the London Metal Exchange are weaker across the board by an average of 0.9% this morning, Tuesday January 30.

Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Wednesday December 12, with average gains of 0.3%. This after the complex climbed by an average of 0.4% on Tuesday, which followed Monday’s test of support levels – that held.

Three-month base metals prices on the London Metal Exchange were mixed this morning, Thursday March 21, while the market digested the messages from last night’s US Federal Open Market Committee (FOMC) meeting.

Base metals prices on the Shanghai Futures Exchange were mixed at the close of morning trading on Wednesday March 11, with investors awaiting news of further government stimulus as the novel coronavirus (2019-nCoV) continues to spread globally.

Three-month base metals prices on the London Metal Exchange were for the most part firmer during morning trading on Wednesday October 3.

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Thursday March 29 with the market gearing up for a long weekend.

Base metals prices on the Shanghai Futures Exchange exhibited mixed movements during the morning trading session on Tuesday October 29 after positive developments in trade talks between China and the United States were partly offset by weaker Chinese corporate data.

Although metals markets were mixed this morning, Thursday May 16, the downward trends on the charts seem to have halted; key now will be whether buying and short-covering follows.

News that trade talks between China and the United States will take place later this month has sparked risk-on sentiment in the London Metal Exchange base metals complex this morning.