As major A-share indices have continued to climb amid recent volatility, equity private fund positions have increased. Data from private fund tracker Simuwang showed the equity private fund position index at 81.55%, a near nine-week high.

London Metal Exchange (LME) stocks fell: copper down 2,925 tonnes, aluminium down 1,500 tonnes, zinc down 325 tonnes, lead down 100 tonnes, nickel down 24 tonnes and tin down 5 tonnes.

US President Trump said the New York Times was wrong to claim little changed after nearly four months of war, asserting Iran’s military has been largely destroyed — navy and air force gone, missile and drone launch platforms and production nearly eliminated — and that two senior leaders are gone. He added Iran’s inflation is about 250%, its economy has collapsed, soldiers are unpaid, the Strait of Hormuz is open and oil is flowing, while US stocks and employment are at record highs.