Chinese markets surge with new stimulus measures; iron ore jumps 6%
Chinese markets responded positively to the announcement of new economic stimulus measures, strongly boosting commodities. Iron ore led the rise, climbing 6% in Singapore, while copper hit its highest level since July. The government's initiatives, including interest rate cuts and real estate sector stimulus, have increased market optimism, but analysts caution that the long-term demand impact remains uncertain. Copper also gained 1.6%, while aluminum and zinc recorded gains above 1%.
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