Macro Sentiment Mixed with Long and Short Factors, Fundamentals Show No Significant Improvement] Overall, current macro news presents a mixed picture with both bullish and bearish factors, while ...
In October 2023, U.S. interest rates rose to the highest level since 2007, when the U.S. 30-year Treasury bond (US30Y) futures fell to 107-04. The chart highlights the plunge to a sixteen-year low.
Funds Take Profits and Exit, Aluminum Prices Retreat from Highs] Overall, the current fundamentals—with consumption under pressure and inventory continuing to accumulate—are exerting some downward ...
Aluminum prices experienced an 8% increase in December, followed by a retraction to a sideways trend in January due to fluctuating global demand. Russian aluminum stocks in the LME soared to 90.41%, ...
Base metal prices plunged early Friday, with three-month benchmark copper (HG1:COM) on the London Metal Exchange recently -3.7% at $8,985.50/metric ton and three-month aluminum (LMAHDS03:COM) -1.4% at ...
The Midwest Premium for aluminum has achieved a new peak, driven by concerns over trade deals and potential tariff increases. Global aluminum premiums, particularly in Europe and Japan, have ...
1632 GMT – Base metal prices are mixed, with LME three-month copper down 0.7% at $9,538.50 a metric ton and LME three-month aluminum up 0.15% at $2,693 a ton. President Trump’s universal 25% tariffs ...