New Easing Cycle Unfolds Globally, Boosting Tin Prices Amid Domestic Fiscal Stimulus Push

Publicado: Oct 14, 2024 08:57
[SMM Morning Meeting Summary: A New Round of Easing Cycle Begins, Tin Prices May Maintain Certain Upward Momentum] With the global inflation easing and the downside risks in the labor market increasing, the monetary policy focus of central banks in major global economies has shifted from curbing inflation to promoting employment, marking the beginning of a new round of easing cycle. Domestically, new fiscal tools are gradually being introduced. In the context of the increased difficulty in achieving the annual GDP growth target of 5% and the 3 trillion yuan gap between fiscal revenue and budget targets, the intensity of fiscal policy is bound to increase, with a greater emphasis on promoting consumption and benefiting people's livelihoods, while also taking into account the stabilization of the real estate market...

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[SMM Morning Meeting Summary: A New Round of Easing Cycle Begins, Tin - Shanghai Metals Market (SMM)