Tin, Industrial Metals Climb as US, China Economies Improve

Bloomberg reported that industrial metals like tin have advanced as economic data from the United States and China boosted demand.

As quoted in the market news:

U.S. home sales increased 0.8 percent to an annualized rate of 4.98 million, the most since November 2009, the National Association of Realtors said. A report from the Conference Board in New York indicated the U.S. is strengthening while a survey from HSBC Holdings Plc and Markit Economics showed yesterday that China’s manufacturing expanded at a faster pace this month.

Click here to read the full Bloomberg report.