SMM Aluminum Morning Meeting Minutes: Terminal Favorable Policies Provide Support for Strong Fluctuations in Near-Month Contracts

On the macro level, the Federal Reserve decided to maintain the benchmark interest rate at 5.25%-5.50% at its December meeting, in line with market expectations. The dovish stance of the Federal Reserve boosted market confidence. Overall, domestic social financing data performed well, with continued financial support for the real economy and improved credit structure. The improving macro environment at home and abroad has boosted market confidence. On the fundamental side,...