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SINGAPORE, July 11 (Reuters) - Copper took a breather on Thursday after a strong rally in the previous session when metals were buoyed by renewed hopes of a U.S.-China trade deal and expectations of a U.S. rate cut.
Three-month copper on the London Metal Exchange fell 0.1% to $5,925 a tonne by 0206 GMT, after posting its biggest rise since Jan. 25 in the previous session.
The most-traded copper contract on the Shanghai Futures Exchange rallied 1.4% to 46,560 yuan ($6,777.00) a tonne, tracking rises of London copper in the previous session.
Dampening sentiment, traders eyed forecasts for slower growth in China, with vehicle sales contracting for a 12th straight month in June and a Reuters poll showing economists expect economic growth to slow to a near 30-year low of 6.2% this year.
But metals were supported by a softer U.S. dollar as Federal Reserve policymakers consider arguments for cutting rates for the first time in a decade.
A weaker dollar makes greenback-priced metals cheaper for users of other currencies.
* PRICES: London aluminium retreated from a two-month high, falling 0.7% and lead eased 0.1%. Nickel marched towards a three-month high, up 0.4% while zinc was almost unchanged.
* SHANGHAI: Shanghai aluminium rose 0.5%, nickel advanced 1.5% and zinc increased 0.4%.
* BOSNIA ALUMINIUM: Bosnia's sole aluminium smelter Aluminij will file for bankruptcy after closing on Wednesday over debts incurred because of high electricity and alumina prices.
* For the top stories in metals and other news, click or
* Asian stocks rose and the dollar sagged after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.
0600 (approx) Germany HICP Final YY June
0645 France CPI (EU Norm) Final MM June
0645 France CPI (EU Norm) Final YY June
1130 Germany ECB publishes minutes of June
monetary policy meeting
1200 (approx) Brazil Retail Sales YY May
1230 US CPI MM, SA June
1230 US Initial Jobless Claims weekly
1400 US Fed's Chairman Jerome Powell
testifies on the Semiannual
Monetary Report to Congress before
the Senate Banking Committee
Three month LME copper
Most active ShFE copper
Three month LME aluminium
Most active ShFE aluminium
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Most active ShFE nickel
Three month LME tin
Most active ShFE tin
ARBS ($1 = 6.8703 Chinese yuan renminbi)
(Reporting by Mai Nguyen; editing by Richard Pullin)