Copper climbed for a fourth session amid speculation that demand will stabilize in China as policy makers try to support growth in the world’s largest consumer of industrial metals. Zinc advanced to a one-week high.
China’s stocks rebounded after the benchmark share index briefly fell below the 2,000 level as speculation grew that the government will take steps to bolster the economy. Consumer-discretionary companies led gains.
Bloomberg BNA — China is reportedly studying a timeline for an absolute cap on carbon dioxide emissions, as it prepares climate change policies to include in its forthcoming 13th Five-Year Plan (2016-2020), although an announcement of such a policy is premature, analysts told Bloomberg BNA June 4.