SMM Aluminum Morning Meeting Summary: Overseas Market Sentiment Under Pressure on Monday, SHFE Aluminum Night Session Continues to Retreat
From a macro perspective, on Monday, the US dollar index rebounded above 104 as data showed a recovery in US business activity in March, closing up 0.16% at 104.31, while SHFE aluminum night session continued to retreat. The hawkish remarks by the US Fed's Bostic and the overall bearish US PMI data somewhat dampened external market sentiment. Domestically, the favourable macro front remained unchanged, with Minister of Finance Lan Fanan stating that fiscal policy in 2025 would be more proactive, continuously forceful, and even more effective...
