Negative session for ASX miners

摘要

China's cutting of its interest rates to boost the economy wasnt met with much interest by equities investors, with iron rising to nearly US$110/t in Singapore. Other metal futures too were on the gain, while gold remained in a holding pattern around $1960/oz ahead of the US Fed decision on its own interest rates later this week. Overall Metals Mining closed down about 1 overall, including the gold sector dropping about 2.