HANOI, Jan 8 (Reuters) - London copper prices on Friday were set for their biggest weekly rise since July last year, on hopes for more stimulus from the United States.

Three-month copper on the London Metal Exchange rose 0.6% to $8,229 a tonne by 0246 GMT, up 6% on a weekly basis, while the most-traded February copper contract on the Shanghai Futures Exchange advanced 2.2% to 60,440 yuan ($9,344.61) a tonne.

President Donald Trump conceded on Thursday that Joe Biden will be the next U.S. president shortly after Democrats took control of the crucial Senate chamber, raising the chances of new stimulus and infrastructure spending that could boost metals demand.

FUNDAMENTALS

* LME aluminium fell 0.5% to $2,026 a tonne, nickel declined 0.6% to $18,000 a tonne while zinc declined 0.1% to $2,885.50 a tonne.

* ShFE aluminium rose 1.4% to 15,520 yuan tonne, nickel advanced 1.1% to 132,870 yuan a tonne and zinc increased 0.8% to 21,650 yuan a tonne.

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MARKETS NEWS

* Asian stocks opened higher, with Japan hitting a three-decade high as investors looked beyond rising coronavirus cases and political unrest in the United States and bet on an economic recovery later in the year.

DATA/EVENTS (GMT)

0700 Germany Industrial Output MM Nov

0745 France Reserve Assets Total Dec

0830 UK Halifax House Prices MM Dec

1000 EU Unemployment Rate Nov

1330 US Non-Farm Payrolls Dec

1330 US Unemployment Rate Dec

1330 US Average Earnings YY Dec

PRICES

Three month LME copper

Most active ShFE copper

Three month LME aluminium

Most active ShFE aluminium

Three month LME zinc

Most active ShFE zinc

Three month LME lead

Most active ShFE lead

Three month LME nickel

Most active ShFE nickel

Three month LME tin

Most active ShFE tin

ARBS ($1 = 6.4679 yuan) (Reporting by Mai Nguyen; Editing by Shailesh Kuber)