London Metal Exchange three-month base metals prices all closed down on Tuesday July 14 after a sell-off across US equities and weaker than expected Chinese data put a block on any upward price momentum.
China trade balance data released earlier today was 329 billion for June against a forecast of 410 billion for the period and down from 443 billion in May.Fresh Covid-19 concerns, meanwhile, led to a sell-off in US equities to complete the negative macro-economic backdrop.
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