The market expects the US CPI to rise 6% year-on-year in February, down from 6.4% in January. Due to the downward trend of US inflation, interest rate hikes may be tapered down. The impact of liquidity crunch on commodities such as copper should be gradually weakening.
Impact of Liquidity Crunch on Copper to Weaken
The market expects the US CPI to rise 6% year-on-year in February, down from 6.4% in January. Due to the downward trend of US inflation, interest rate hikes may be tapered down. The impact of liquidity crunch on commodities such as copper should be gradually weakening.
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