Aluminum Rebounds

🇬🇧 Hellenic Shipping News (GB) —

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Aluminum futures in the UK rose above $3,100 per tonne due to the US dollar retreating and softer US jobs data, improving the appeal of dollar-denominated commodities. Factory activity in China remains a contributing factor to the market dynamics.

Aluminum futures in the UK rose above $3,100 per tonne, rebounding from a more than four-month low as the US dollar retreated, improving the appeal of dollar-denominated commodities. Softer US jobs data reduced expectations of a near-term rate hike, pushing the greenback to a two-week low. In addition, factory activity in China, one of the ...

Markets Commodities aluminum commodities futures US dollar China market rebound jobs data

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