News Snapshot:
(LME) copper futures on the London Metal Exchange rose on Tuesday after the people's Bank of China loosened monetary policy and Chinese imports rose sharply. 17:00 London time (01:00 Beijing time on December 8th) copper for delivery in three months), LME rose 90 U.S. dollars, or 0.95 percent, to 9595 U.S. dollars per ton. China's central bank announced on Monday that it would cut the required reserve ratio for financial institutions by half a percentage point on Wednesday, the second cut this year, releasing 1.2 trillion yuan in long-term liquidity. Analysts at Dutch International Group (ING) said: "China's policy loosening...
