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Iron ore lifts on upbeat China economic data
Iron ore futures jumped on Thursday on upbeat China economic data, while falling domestic crude steel output spurred hopes of lifting globally suppressed steel prices and improving Chinese steel mill margins. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 2.04% higher at 774.5 yuan ($113.60) a metric ton, as of 0243 GMT. The benchmark May iron ore on the Singapore Exchange was 1.09% higher at $105.35 a ton. The Trump administration expressed optimism on Wednesday about reaching a deal to end the war with Iran, while also warning of increasing economic pressure against ... (full story)
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From ec.europa.eu|Apr 16, 2026The euro area annual inflation rate was 2.6% in March 2026, up from 1.9% in February. A year earlier, the rate was 2.2%. European Union annual inflation was 2.8% in March 2026, up ...
From snb.ch|Apr 16, 2026At the monetary policy assessment of 17 and 18 March 2026, the Governing Board of the Swiss National Bank decided to leave the SNB policy rate unchanged at 0%. The SNB ...
From brecorder.com|Apr 16, 2026China’s primary aluminium production in March rose 2.7% year-on-year, official data showed on Thursday, as supply fears linked to the Iran conflict supported prices of the light ...
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From @FirstSquawk|Apr 16, 2026|33 commentsIRAN HAS NO HOPES PINNED ON US TALKS, LAWMAKER SAYS - IRANINTL
From dailyforex.com|Apr 16, 2026Gold continues to move on interest rates, noise from the headlines, and simple momentum. Gold continues to be very noisy on Wednesday, perhaps giving back some of the gains just ...
From cnbc.com|Apr 16, 2026|5 commentsU.S. President Donald Trump on Wednesday announced that talks between Israel and Lebanon will begin Thursday, offering few details on the planned negotiations. In a Truth Social ...
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- Apr 16, 2026 4:03am Posted byFundamental Analysis146
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