SCOREBOARD: Shiny metals

Strong China data and rising hopes for the US economy boost investor appetite for risk trades.

Solid Chinese import data yesterday – especially for metals – appears to have sparked up some risk, for last night at least, and we are seeing decent gains across the commodity and equity space. Copper, for instance, is up 2.7 per cent, silver is 3.6 per cent higher and gold has added a further $13 to sit at $1,632. It’s probably not just the Chinese data that’s moving things though – a few factors have swung into place recently that might force a rethink on the landscape.


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