London, 25 August 2010 - Base metals drifted back toward the previous session's multi-week lows on Wednesday as risk aversion re-emerged, with confidence in the global recovery badly battered in the wake of yesterday's poor US housing sector report and ahead of fresh data later.
Read more...London, 23 August 2010 - Base metals were little changed during Monday's LME premarket, trading sideways and in consolidation mode amid light volumes and mixed signals from financial markets.
Read more...London, 20 August 2010 - Base metals resumed their slide on the LME on Friday as concerns over the slowing US global economy, following poor US data in the prior session, soured sentiment, while the dollar also strengthened and sparked profit-taking ahead of the weekend.
Read more...London, 19 August 2010 - Gold fell in Europe on Thursday as a lack of strong technical and economic direction deflated investor interest that had pushed prices up in late trade yesterday, while a stronger dollar also weighed on sentiment.
Read more...London, 19 August 2010 - Base metals diverged from the broader market mood to trend higher in Thursday pre-ring sessions, as counter-seasonal inventory declines and receding fears of a double dip allured investors, although volumes were still modest amid summer conditions.
Read more...London, 13 August 2010 - Gold firmed below fresh one-month highs hit overnight during European trade on Friday, with demand steady and technical signals improving after positive eurozone figures.
Read more...London, 12 August 2010 - Base metals recovered from fresh multi-day lows hit earlier in Thursday morning trading on the LME, although a falling euro and still-jittery market sentiment pushed the complex lower ahead of key US data this afternoon.
Read more...- Base metals struck fresh multi-day lows in Wednesday afternoon trade after yet more uninspiring US data exacerbated the already-gloomy outlook for the economic recovery, while a collapsing euro did little to stabilise the complex.
Read more...- Base metals fell to new daily lows before the release of yet more negative US data during early afternoon LME trading on Tuesday before tentatively paring some losses, while market confidence remained under pressure and the euro dropped to a fresh multi-day low.
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