Iron ore prices topped $110 into China this week as the country’s steel mills kept soaking up material, although some market participants expressed concern over the speed of a near doubling in prices since April lows. For full story, click here
The $787 billion fiscal stimulus plan inched its way through the legislative process and will be ready for presidential sign-off this week but it has already been eclipsed by concern as to what the U.S. government is going to do to recapitalise its banks. For full story, click here
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