Market Summary: Rebounds coming?

Rebounds coming?
After the long drawn-out period of price weakness, the base metals seem to have found some support. A weak dollar and oversold technical conditions have helped trigger some buying, and China’s announcement of tax cuts, infrastructure spending and injection into the banking system this week may just be the catalyst needed to bring about short-covering and more bargain hunting.

Aluminium: Base building

Aluminium prices have been attempting to build a base above $2,000 per tonne, and this week are trying to rebound on the back of some positive developments. But the trade war rhetoric continues, and with aluminium being particularly vulnerable to this,...