SMM Zinc Morning Brief: Rate Cut Hopes, Hamas Ceasefire Offer, Libya Talks Resume Boost Zinc Prices

게시됨: Sep 12, 2024 08:45
[SMM Zinc Morning Commentary: Market Optimism about Interest Rate Cuts Boosts SHFE Zinc Prices] The US Consumer Price Index (CPI) for August declined for the fifth consecutive month on an annual basis, while the core CPI remained unchanged from the previous month; interest rate futures show that the probability of the Federal Reserve cutting interest rates by 50 basis points in September is only 17%; Hamas is willing to immediately implement a ceasefire agreement based on the previous ceasefire proposal put forward by the United States and rejects any new conditions; Libyan factions have agreed to resume negotiations on the issue of the governor of the central bank on Thursday; Hurricane "Francine" has been upgraded to a Category 2 hurricane, and 39% of oil production activities in the Gulf of Mexico have been halted...

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[SMM Zinc Morning Commentary: Market Optimism about Interest Rate Cuts - Shanghai Metals Market (SMM)