some good signs., page-10

An official manufacturing index for China released on June 1 showed a pickup in growth a day after President Xi Jinping said that the expansion is on a more stable footing. China’s State Reserve Bureau bought about 30,000 tons of nickel, equivalent to one sixth of stocks in LME warehouses, the Financial Times said today, citing people familiar with the deal. The purchase happened several months ago, the report said.

Bloomberg last night