Base metals had somewhat of a banner day on Wednesday. Copper rose 9.31 cents from Tuesday’s close to $1.6741/lb. Nickel gained more than 15 cents to finish at $4.5163/lb. Zinc tacked on more than 3 and one-half pennies, ending at $0.5364/lb. Aluminum increased slightly more than 1 cent and one-half, closing at $0.5945/lb., while lead moved to $0.5148/lb., up 3.55 cents from the previous session.

Emerging markets economies are investing in other emerging markets, says Sara Nunally on Taipan’s Emerging Markets blog. China’s massive sovereign wealth fund, China Investment Corp., recently signed a deal to invest in Chile. Emerging market nations are even now investing in developed nations. Yet another reason, says Sara, for investors to keep emerging markets on their radar…