SMM Morning Comments (May 16): Base Metals Closed Mixed as Traders Awaited Debt Ceiling Negotiations
- Mei 16, 2023, at 10:00 am
- SMM
LME and SHFE base metals closed mixed last night. On the macro front, the US dollar retreated from a five-week high on Monday as markets awaited news from Washington on how to resolve the debt ceiling issue, which could force the US government to default, raising concerns.