Market wrap: Upbeat US and Chinese manufacturing reports boosted...

Market wrap:

Upbeat US and Chinese manufacturing reports boosted Wall Street and commodity markets overnight and have Australian shares aiming higher this morning.

US stocks added to their best start to a year since 1998 as strong March manufacturing data offset a drop in construction spending and weak economic news from Europe.

Resources benefitted from a declining US dollar and signs of improving manufacturing output in the world's two largest economies.

Copper reached its highest price in a month as money flowed back into industrial metals. In London, copper rallied 2.3%

QMN, same old, same old. Poised to do diddley sqwat...
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