Iron ore prices are looking more positive, up 8.8 per cent to $US70.46 a tonne,
with stronger demand from Chinese steel mills helping the big miners.
Oil has lost $1.00 to $US43.18 a barrel for May light crude in New York.
an improving US economy +Consumer help..china recover
US economic news
Jobless claims have hit an unexpected 42 and a half year low, suggesting a strengthening labor market. Claims were down 6000 to 247,000, the lowest reading since 1973.
AGO Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held