【SMM Aluminum Morning Meeting Summary: Geopolitical Tensions Overlapping with European Interest Rate Cut, Shanghai Aluminum Rising Strongly in Night Session】 Macroscopically, despite the hawkish tone of the latest remarks from Fed governor Waller at the weekend, the possibility of the European Central Bank cutting interest rates for the second time in July is increasing, and the peripheral macro performance is more bullish due to geopolitical tensions and the weakening of the US dollar. The leaders' meetings of China, Japan and South Korea restarted after four and a half years, and many provinces and cities in China implemented new real estate policies, with expectations of a rebound in the real estate market growing stronger. Fundamentally...
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