METALS-Base metals rise on dovish Fed; weak China data caps gains

Most base metals rose on Thursday after the U.S. Federal Reserve said it would be patient with interest rate hikes, although a second straight monthly contraction in manufacturing activity in top metals consumer China capped gains. Lower interest rates tend to push commodity prices higher because they mean lower inventory financing costs. London nickel gained for a third day -- and a sixth session in seven -- as con

from Reuters: Company News https://reut.rs/2TmcZN2
via IFTTT