Steel cut lights a fire under Chinese metals futures

Steel rebar and iron ore led the gains after Premier Li Keqiang over the weekend ... Iron ore closed yesterday at $US73.70 a tonne, up $US4.97. In Shanghai, steel rebar futures rose to 3733 yuan, a 3½-year high, up 4.7 per cent on the day and 27 per ... ( read original story ...)

Mainland blue-chips hit 19-month high

The benchmark Shanghai Composite Index advanced 0.60 percent to ... according to Reuters' report. Financial sector led the advances, while the materials sector took a breather. ( read original story ...)

Dollar Under a Political Cloud

China’s CSI300 index rallied +0.9%, while the Shanghai Composite Index added +0.6% ... that a persistent supply glut is starting to ease amid strong demand and OPEC-led production curbs. Note: U.S inventory data today and tomorrow are expected to ... ( read original story ...)

METALS-London copper cracks new two-year peak after China data

Growth in China's manufacturing sector cooled as foreign demand for Chinese goods slackened, but a government-led infrastructure push kept construction ... the highest since May 2015. * SHFE COPPER: Shanghai Futures Exchange copper climbed 1.4 percent ... ( read original story ...)