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SMM Morning Comments (Dec 17): Base Metals Were Boosted By BOE Interest Hike Overnight_SMM - Vimarsana News

SMM Morning Comments (Dec 17): Base Metals Were Boosted By BOE Interest Hike Overnight_SMM

Shanghai base metals all trended upward on Friday morning after Bank of England unexpectedly raised its benchmark interest rate. Meanwhile, their counterparts on LME mostly cruised higher.

Source: metal.com
SMM Morning Comments (Dec 17): Base Metals Were Boosted By BOE Interest Hike Overnight_SMM - Vimarsana News

SMM Morning Comments (Dec 17): Base Metals Were Boosted By BOE Interest Hike Overnight_SMM

Shanghai base metals all trended upward on Friday morning after Bank of England unexpectedly raised its benchmark interest rate. Meanwhile, their counterparts on LME mostly cruised higher.

Source: metal.com
SMM Morning Comments (Dec 16): Shanghai Base Metals Closed Lower on Predictions of Interest Hikes_SMM - Vimarsana News

SMM Morning Comments (Dec 16): Shanghai Base Metals Closed Lower on Predictions of Interest Hikes_SMM

Shanghai base metals all trended lower on Thursday morning after the Fed announced to accelerate the tapering starting from January 2022. Meanwhile, their counterparts on LME all cruised higher.

Source: metal.com
SMM Morning Comments (Dec 16): Shanghai Base Metals Closed Lower on Predictions of Interest Hikes_SMM - Vimarsana News

SMM Morning Comments (Dec 16): Shanghai Base Metals Closed Lower on Predictions of Interest Hikes_SMM

Shanghai base metals all trended lower on Thursday morning after the Fed announced to accelerate the tapering starting from January 2022. Meanwhile, their counterparts on LME all cruised higher.

Source: metal.com
SMM Morning Comments (Dec 13): Base Metals Mostly Fell after US CPI Marked the Largest Gain in 40 years _SMM - Vimarsana News

SMM Morning Comments (Dec 13): Base Metals Mostly Fell after US CPI Marked the Largest Gain in 40 years _SMM

Shanghai base metals basically trended lower after the inflationary pressures increased due to surging US CPI. Meanwhile, their counterparts on LME trended mixed.

Source: metal.com