Shanghai Weekly Warehouse Changes: Copper +9.47%, Nickel +2.29%, Aluminium +21.3%
The significant weekly increase in warehouse levels for copper, nickel, and aluminum suggests strong supply dynamics, particularly notable with aluminum's sharp rise.
Swiss Inflation Rate MoM (Jan) M/M -0.1% vs. Exp. 0% (Prev. 0.0%, Rev. From 0%, Low. -0.1%, High. 0.0%)
Swiss Inflation Rate YoY (Jan) Y/Y 0.1% vs. Exp. 0.1% (Prev. 0.1%, Low. 0.0%, High. 0.1%)
Shanghai Weekly Warehouse Changes: Copper +9.47%, Nickel +2.29%, Aluminium +21.3%
ECB's Kazaks says the ECB has yet to see full impact of EUR appreciation; he worries strong EUR reflects dollar weakness; says now is not the time for ECB to move interest rates; says ECB officials are on monitoring mode on EUR strength
Additional European Equity News
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This could indicate tighter supply in the face of rising demand or inventory repositioning among traders. Watch how these changes may impact pricing structures and inflation expectations in the commodities market.
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