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Chinese stimulus hopes support copper

From uk.reuters.com

Copper prices touched their highest in two weeks on Tuesday, lifted by hopes that top consumer China will pump money into building metals-intensive infrastructure. News that China will allow local governments to use proceeds from special bonds as capital for investment projects came after the United States and Mexico reached a deal on Friday to avert U.S. tariffs on Mexican goods, supporting prices of copper and other metals. [ Benchmark copper on the London Metal Exchange (LME) reached $5,956 a tonne in intraday trading before slipping back to finish only $2 up from Monday’s close at $5,876. Global stock markets ... (full story)

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