Base metals rise in early Asian trade. The sector found support after the U.S. jobs report triggered a selloff in the dollar, ANZ Research writes in a note. The weaker dollar and easing concerns of U.S. monetary tightening boosted risk appetite, ANZ adds. The three-month LME copper contract is 0.7% higher at $13,416.00 a ton, while that of nickel is 1.7% higher and aluminum was up by 0.6%. (kimberley.kao@wsj.com)
Dow Jones Newswires
Base Metals Rise on Weaker U.S. Dollar — Market Talk
Base metals rise in early Asian trade. The sector found support after the U.S. jobs report triggered a selloff in the dollar, ANZ Research writes in a note. The weaker dollar and easing concerns of U.S. monetary tightening boosted risk appetite, ANZ adds. The three-month LME copper contract is 0.7…