Author: Drishya Yadav
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Opening bell: Base metals market update
Base metals prices on the Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) witnessed a downtrend amid weakening market sentiment. The dollar slipped against the euro and European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points to tame record-high inflation. The dollar and the euro are at the…