CAPITAL MARKETS

Metals outpace market

THE penultimate trading day of the week continued to react to the uncertainties inflicted on the global economy by US President Donald Trump’s trade war, with reports he may step back from tariffs on the automotive industry by six months – which should be good news for metals such as copper, iron ore and lithium.

Metals outpace market

The market reacted to the unemployment rate rising from 5.1% to 5.2% in April, trading higher following a late morning dip, and trading higher throughout the afternoon, before closing up around 0.7%. ...

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