The copper price reached its highest level in a week. U.S. retail sales data, which was lower than expected, raised hopes of a reduction in interest rates

At 02:48 GMT, three-month copper on the London Metal Exchange was up 0.4% to $8,344 per metric ton. It reached its highest level since February 8. The contract is up by more than 2% since the start of the week. Copper, widely used in electricity and construction, is down by more than 3% this month due to concerns about demand from the main consumer China and its real estate sector in particular, although activity is curtailed this week as China celebrates Lunar New Year

Pour sa part, le Japan's Nikkei hit an all-time high on Friday, helped by buoyant Wall Street. LME aluminum remained stable at $2,224 per ton, nickel rose 0.1% to $16,280, zinc gained 0.2% to $2,360, and lead rose 0.3% to $2,048.50. Pewter rose 0.2% to $27,355.