Aluminium prices edged higher on
Wednesday as concerns over supply tightness surfaced after
traders assessed risks of potential EU sanctions on metal from
Russia, one of the world s biggest. -January 23, 2024 at 10:14 pm EST
- MarketScreener
A look at the day ahead in European and global markets from Anshuman Daga Last week, the Federal Reserve and the European Central Bank raised interest.
Copper prices inched higher on Tuesday, supported by a weaker dollar, even as trade remained lacklustre due to the Lunar New Year holidays in top consumer China. Three-month copper on.
The highlight is US PCE data, which will inform expectations for the Fed's February meeting, where a 25bps rate hike is expected. It is worth keeping in mind that the data will be released during the Fed's pre-meeting blackout window leaving the potential for "sources" articles to hit.