Tag: slowest growth
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LME base metals prices, stocks witness contrasting trends
Base metals prices on LME saw mixed trends. Meanwhile, stocks witnessed varied trends with copper recording the largest gain over 2.46%. Copper prices are rising due to expected US rate cuts and Chinese economic stimulus efforts boosting optimism. China’s services sector grew slowest in 8 months in June; PMI fell to 51.2, signalling new order…