CAPITAL MARKETS

Better macro sentiment boosts ASX miners

US FED comments that soothed fears about inflation saw the Australian resources sector recover some ground lost yesterday, with Metals & Mining closing up about 1.2%.

Better macro sentiment boosts ASX miners

Metal commodities such as copper and iron ore were up in Asia trade, while gold pared gains at US$1875/oz. In keeping with the latter, the ASX gold patch lost about 1%. Among the bigger mining stocks,...

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