Zinc: Feeling the squeeze

Zinc rebounds on positive Chinese data...
Zinc prices came under pressure for much of last week as trade jitters and macroeconomic uncertainties dominated risk sentiment. But price weakness was limited by technical support around $2,870 per tonne, before staging an end-of-week rebound to close with a modest $5.50-per-tonne gain on the week in response to positive data from China.

...as new loans accelerate

Net loans issued by Chinese banks surged to 1.69 trillion yuan ($252 billion) in March, above the 1.22 trillion yuan ($182 billion) forecast and up sharply from 886 billion yuan in February. Given...