Base metals in upbeat mood as rebound expected in US, China's economies

摘要

The sentiment in commodity market remained upbeat during the week ended (1st February), and headed for the longest run of weekly gains in 17 years on mounting speculation that the US. and China economies will rebound, boosting demand for metals and energy. On Friday, the announcement of US non-farm payrolls rose a seasonally adjusted 157,000 in January, down from 196,000 in the preceding month, whose figure was revised up from 155,000.