METALS-Copper ticks up on China data, Fed hopes
SINGAPORE, Sept 9 (Reuters) - London copper futures edged higher on Monday after Chinese data pointed to a stabilising economy in the world's top consumer of the metal and on hopes the U.S. Federal Reserve would stick with its stimulus program.
* Three-month copper on the London Metal Exchange rose 0.3 percent to $7,183 a tonne by 0101 GMT, extending gains for a second session.
* The most-traded December copper contract on the Shanghai Futures Exchange climbed 0.6 percent to 52,090 yuan (8,500) a tonne.
* China's exports rose more than expected in August, boosted by improving demand for the country's goods in major markets and adding to evidence that the world's second-largest economy may have avoided a sharp slowdown.
* More Chinese data due out this week, including Monday's consumer and producer inflation numbers and Tuesday's industrial output and retail sales figures.
* U.S. employers hired fewer workers than expected in August but the jobless rate hit a 4-1/2-year low as Americans gave up the search for work, complicating the Federal Reserve's decision on whether to scale back its massive monetary stimulus this month.
* China plans to urge local aluminium producers to ramp up overseas investment rather than expand at home, signalling its growing desperation to ease a domestic supply glut.
* For the top stories in metals and other news, click , or
* The yen dropped as traders positioned for a rally in Japanese shares after Tokyo won its bid to host the 2020 Summer Olympics, while Asian shares look set to gain after mildly upbeat Chinese trade data underscored signs of stability in the world's second-biggest economy.
0130 China CPI
0130 China PPI
0500 Japan Consumer confidence
0830 Euro zone Sentix index
1400 U.S. Employment trends
1900 U.S. Consumer credit
($1 = 6.1205 Chinese yuan)
(Reporting by Manolo Serapio Jr.; Editing by Richard Pullin)