15.07.2015 - Metal prices fall as investors worry China's growth is slowing down
Industrial metals have hit new lows amid fears that their biggest consumer, China, may be growing at a slower pace. Nickel led industrial metals lower on Tuesday ahead of data that may show China expanded at the weakest pace since 2009. The economy of the world’s biggest consumer of industrial metals grew 6.8pc in the second quarter, less than the 7pc recorded in the first three months, according to a Bloomberg survey of economists. A market rout that has wiped almost £2.6 trillion from Chinese shares since mid-June may also curb expansion in the third quarter, a separate survey showed...............................................Full Article: Source
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