Iron-ore pushes higher on hopes more China stimulus is coming

Iron-ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning.

The steelmaking staple advanced almost 3% in Singapore, after surging 18% over the previous two weeks. The briefing will include five senior officials from the National Development and Reform Commission, according to a notice from the government on Sunday, and there are expectations it might involve announcements on more public spending.