Base metals rise on US data, industry demand needed

Newswire

By Amanda Cooper LONDON, Nov 28 (Reuters) - The rally by base metals prices on the London Metal Exchange may prove just a flash in the pan unless initial signs of strength in areas of the U.S. economy translate into industrial demand, analysts said on Thursday. A flurry of data from the United States this week on consumer confidence and manufacturing activity suggests that the current economic weakness may be coming to an end. On Wednesday, Wall Street stocks were sharply boosted by a ...

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