SMM Analysis: Nickel Price Dynamics Driven by Macroeconomic Sentiment and Industrial Chain Fundamentals Amid September Rate Cut Expectations

Published: Aug 25, 2024 11:44

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[SMM Analysis] The nickel price was mainly driven by macroeconomic sentiment and fundamentals from the perspective of the industrial chain within the week. First, in terms of macroeconomics, as September approaches, market transactions for interest rate cuts in September have gradually intensified, influenced by dovish remarks made earlier by Federal Reserve Chair Jerome Powell and a number of officials...

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