Copper Prices Bounce On China Stimulus

Copper prices hit a three-week high this morning as China, the world’s largest copper consumer, lowered a key interest rate to cushion the impact from the coronavirus outbreak. China’s central bank lowered the rate on a one-year medium-term lending facility (MLF) loans.  Policymakers said on Saturday Chinese lenders will tolerate a higher level of bad … More Copper Prices Bounce On China Stimulus