Base metals prices on LME see positive trend; stocks witness inflows

  • Base metals prices on LME witnessed a positive trend. The highest gain was seen in copper, up 2.2%. Meanwhile, stocks witnessed inflows barring aluminium.
  • China’s exports rose 7.6%, imports up 1.8% in May, amid concerns over domestic demand weakness.
  • ECB has cut rates for the first time in 5 years, but uncertainty over inflation prompts caution on further moves.