SMM Aluminum Morning Meeting: Strengthening Fed Rate Cut Expectations, Aluminum Price Increase Sustainability in Question

[SMM Aluminum Morning Meeting Summary: Expectations for US Fed Interest Rate Cuts Strengthen Again, Sustainability of Aluminum Price Increase Still Needs Observation]

Macro side, US December retail sales growth was weaker than expected, and dovish remarks from US Fed officials suppressed US Treasury yields and the US dollar, improving the macro sentiment. Domestically, GDP achieved the annual growth target of 5%. The annual industrial added value above designated size increased by 5.8% year-on-year, with domestic data outperforming expectations...