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Market futures mixed ahead of key events

Market futures were mixed ahead of key events including US consumer data, a European Central Bank decision today and the G7 summit tomorrow.
Market futures mixed ahead of key events Market futures mixed ahead of key events Market futures mixed ahead of key events Market futures mixed ahead of key events Market futures mixed ahead of key events

UK PM Boris Johnson has arrived in Cornwall ahead of the G7 Summit, where he’ll ask fellow leaders “to rise to the challenge of beating the pandemic and building back better, fairer and greener”

Staff reporter

Chinese CPI data rose less than expected but factory gate prices rose 9% year-on-year, Marex's Alastair Munro noted.

North American markets closed lower yesterday but Australasian markets were up in morning trade.

Mining majors lost ground in London, where Anglo American fell 2.5%.

Freeport-McMoRan was down 1.6% in New York.

Another mining hopeful has made its debut in Toronto this week - Tier One Silver (TSXV: TSLV) closed up 35% to C$1.35 on its first day of trade.

It also announced it had received permission for its inaugural drill programme at its Curibaya silver-gold project in southern Peru and expected drilling to begin later this month.

The company believes Curibaya is the largest undrilled silver project in the world.