MTECHTIPS:Expect base metals to trade higher today

Mtechtips has come out with its report on base metals. According to the research firm, prices are expected to trade higher for the day on account of expectations of slow recovery in China and ahead of fiscal cliff talks.Industrial metals inched up on Friday and were on track for its biggest weekly rise in four weeks, supported by signs that top consumer China’s economy is improving, although worries about the U.S. “fiscal cliff” kept investors cautious.



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