-
Iron ore rises after China’s central bank pledges monetary support
Iron ore futures extended their gains on Wednesday after the central bank in top consumer China pledged financial support to boost domestic demand, exemplified by lower-than-expected consumption data. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) was up 0.26% at 765 yuan ($110.63) a metric ton, as of 0234 GMT. The benchmark March iron ore on the Singapore Exchange was trading 0.17% higher at $100.35 a ton. China’s central bank said late Tuesday it will step up financial support to boost domestic demand, as industrial overcapacity and lacklustre consumption weighed on business ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @FirstSquawk|Feb 11, 2026|1 commentECB’S MAKHLOUF: UNCERTAINTY MEANS MEETING-BY-MEETING APPROACH FOR ECB
From channelnewsasia.com|Feb 11, 2026China's consumer inflation cooled in January while producer price deflation persisted, highlighting once again the underlying weakness in domestic demand and a key challenge for ...
From vtmarkets.com|Feb 10, 2026|3 commentsUS Treasury Secretary Scott Bessent told a Capitol Hill hearing on Tuesday that the US can have a very productive relationship with China. He said the US-China relationship is in ...
-
- Newer Stories
From @LiveSquawk|Feb 11, 2026|3 commentsEU's Von Der Leyen: Europe Needs One Large, Deep And Liquid Capital Market, It Is Currently Too Fragmented In Europe - EU Wants To Do Capital Markets Union With All 27 EU Members, But Can Move In A Smaller Group If Necessary
From istat.it|Feb 11, 2026In December 2025 the seasonally adjusted industrial production index decreased by 0.4% compared with the previous month. The change of the average of the last three months with ...
From brecorder.com|Feb 11, 2026Copper prices were little change on Wednesday, as demand slowed ahead of China’s nine-day Lunar New Year break. The most-active copper on the Shanghai Futures Exchange dipped ...
- Story Stats
- Feb 11, 2026 2:36am Posted byFundamental Analysis218
- Instrument:
