SMM Aluminum Market Update: Inflation Boosts Rate Cut Hopes, Positive Macro Sentiment Pushes Prices Higher

Publicado: Oct 14, 2024 09:03
[SMM Aluminum Morning Meeting Summary: Rebound in Inflation Data Supports Fed's Interest Rate Cut Expectations, Macro Sentiment Turns Positive, Driving Up Aluminum Prices] Summary: On the macro front, the rebound in inflation data in September bolstered expectations for the Fed to cut interest rates next month. The Ministry of Finance made a significant announcement, stating that the central government still has ample room for debt issuance and will introduce a package of incremental policy measures. Fundamentally, the expected production cuts in Yunnan Province in the fourth quarter have decreased, coupled with the release of some newly added and resumed production capacity, leading to continued growth in the domestic electrolytic aluminum market supply. .......

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn
[SMM Aluminum Morning Meeting Summary: Rebound in Inflation Data Suppo - Shanghai Metals Market (SMM)