* Dollar heads for biggest weekly drop in two months
* U.S. payrolls eyed amid fears growth is slowing
* Zinc cash to three spread near record highs (Adds closing prices/details)By Maytaal AngelLONDON, Dec 7 (Reuters) - Copper climbed more than 1 percenton Friday as the dollar looked set to record its biggest weeklydrop in two months, tempting buyers back to the metal after theprevious day's steep slide.Three-month copper on the London Metal Exchange ended up 1.2 percent at $6,145 a tonne. The contract had dropped1.7 percent on Thursday after the arrest in Canada of a topexecutive at Chinese telecoms giant Huawei dampened hopes for aresolution of the U.S.-China trade conflict. The dollar weakened after data showed U.S. employers hiredfewer workers than forecast in November, backing the view thatU.S. growth is moderating and the Federal Reserve may stopraising rates sooner than previously thought. A weaker dollar makes dollar-priced metals cheaper fornon-U.S. investors.
Wall Street fell amid a drop in technology stocks and WhiteHouse comments that U.S. officials would raise tariffs ifWashington and China could not come to an agreement during thecurrent 90-day truce. "Metals at the moment (are) all macro driven. The world isin a very vulnerable situation but (while) global growth lookslike it's peaked (it's) not slowing measurably, so we're rangetrading. Copper still has very low exchange inventories," saidAlastair Munro, metals analyst at Marex Spectron.
* COPPER SPREADS: The premium for cash copper over the threemonth price was at $9.50 a tonne, down from a peak of$44 in late November, indicating increased nearby supply. LMEcopper stocks are at their lowest in a decade, however.
* JAPAN COPPER: Japan's Pan Pacific Copper expects copperprices to rise toward $7,000 a tonne in 2019, backed by firmglobal demand and tighter supply.
* ZINC SPREADS: The premium for cash zinc over the three-month price at $114 a tonne, was near record highs,indicating very tight nearby supply. LME zinc stocks have halvedsince mid-August and are near a 10-year low.
* ZINC POSITIONS: Traders are keeping a close eye onpositions holding large amounts of LME zinc warrants and cashcontracts, which are causing jitters about nearby availability.0#LME-WHC
* INDONESIA TIN: Indonesia's refined tin exports in Novemberdropped 56 percent from a year earlier.
* VALE NICKEL: Brazil's Vale is betting on theelectric vehicle revolution to turn its nickel division around.
* METALS PRICES: LME zinc ended down 0.2 percent at$2,587 a tonne, having hit its highest since late October, whilealuminium closed up 1 percent at $1,955. Lead ended up 0.6 percent at $1,995, tin ended up 0.4 percentat $19,000, while nickel ended up 0.6 percent at$10,910.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Top Base and Precious Metals Analysis - GFMS ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Editing by Gareth Jones; Editing by Kirsten Donovan and ElaineHardcastle)
Messaging: maytaal.angel.thomsonreuters.com@reuters.net)))