Loading ...But why is the Yuan strengthening? Base metals too?
“Emerging market stocks were higher after still cheering their eighth straight month of gains as China’s yuan hit a fresh 14-month high and metals markets continued to rally. Industrial bellwether copper was up 0.4 percent at $6,818 a tonne. The LME contract price touched a peak of $6,872 on Thursday, the highest since September 2014.”