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May 2018 | Base Metals

Market Summary: Rangebound

The base metals generally remain rangebound with upside attempts running into selling, but underlying sentiment strong enough to support price dips. Economic data has been solid, but unspectacular, trade concerns continue and geopolitical tensions are high. It may take a positive change in these factors to improve business confidence and investor sentiment sufficiently to rekindle price rallies among the base metals with a clear bull narrative.



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