In the early trading session, cheap metals in Asia rose, boosted by the overall risk preference.

Base metals rose during the Asian trading session. London Metal Exchange three-month copper contracts rose by 0.3% to $11,913.00 per ton, while nickel prices rose by 0.9% and zinc prices rose by 0.3%. Analysts at Sucden Financial stated in a report that softer US inflation data has strengthened market expectations for a more accommodative policy path by the Federal Reserve next year, boosting overall risk appetite. They predict that fund rotation will continue to be a key driver for the entire base metals sector, especially as direct buying interest in copper and zinc stalls. "Metals such as lead and nickel with insufficient positioning may continue to attract sustained market interest at the start of next week," they said.