BUZZ-European mining cos, autos lead rebound after China cuts rates
** Several UK mining stocks enjoying best day for several years after China cuts benchmark interest rates and banks' reserve requirement ratio
** Stocks extend gains - FTSE 100 up 3.6 pct with Stoxx 600 up 4.3 pct, erasing almost all of Monday's losses. S&P futures up as much as 4 pct
** Hang Seng futures, which had risen more than 2 pct after the HK close and ahead of the rate cut announcement, extended gains to 3.3 pct
** H-share futures jump 4.5 pct
** European benchmarks, which suffered bruising losses on Monday, lifted higher. FTSE 100 and STOXX 600 poised for best days in nearly 4 years
** Beaten down mining stocks standout performers - Anglo American, Antofagasta (Other OTC: ANFGF - news) , Rio Tinto (LSE: RIO.L - news) , BHP Billiton and Glencore (Xetra: A1JAGV - news) all up more than 5.5 pct
** 8.4 pct rise for BHP the best day since April 2009
** Auto stocks, which also borne the brunt of the China slowdown, up in a relief rally in hopes that the additional 3 pct point RRR cut for auto leasing companies will help revive demand (RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)