Mining Sector Success Hinges on China's Stimulus Decision

By Michael Msika, Bloomberg markets live reporter and strategist January and February are usually pretty good months for Europe’s mining stocks, as factories in China rush to replenish their metals reserves. This year, that seasonal lift will hinge on Beijing coming through with stimulus.   The Stoxx 600 Basic Resources index is coming into 2023 after a decent run of gains, bouncing 13% from its October 23 trough as it became clear central banks are done hiking interest rates. Historical patterns from the past two decades indicate…