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Iron ore slumped from a five-month high and base metals fell, after a hotly-anticipated briefing by China’s top economic planner ended without new pledges to boost government spending. Officials from the National Development and Reform Commission offered little to investors, who had been expecting more stimulus measures on China’s first day back from a ...
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Copper prices are seeing heavy selling pressure on Tuesday as traders digest the latest briefing from the Chinese National Developments and Reform Commission. Traders had been eyeing fresh stimulus measures to be announced. However, with no additional program outlined at this time, copper traders reacted with clear disappointment, fuelling a more than 2% ...