- Citi Research: Zinc could touch $3,100/t by 4Q or early 2025 as manufacturing sentiment recovers amid supply-side constraints.
- Citi Research: "We see renewed upside for aluminium by 4Q or early 2025."
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ECB holds rates at 2% as inflation cools to 2.1%. Focus shifts to France's fiscal crisis & potential ECB intervention.
BTC surges past $114K, ETH to $4.4K, XRP breaks $3, DOGE up 5% on cooling inflation & Fed rate cut hopes.
Mortgage rates tick up: 30-yr fixed at 6.24%, 15-yr at 5.46%. Bond yields down, expect rates to fall. Shop lenders for best rates!
HELOC rates hover 8-9%, with intro rates as low as 6.49%. Homeowners tap $34T equity, but beware variable rate hikes post-intro.
China's CSI 300 jumps 2.3%, led by AI chip stocks like Hygon (+20%) and Cambricon (+9%). Retail sentiment strong.
Futures flat ahead of CPI; Fed rate cut bets rise to 25bps. Oracle AI boost revives tech trade.
Kospi hits record 4,340 pts, sparking caution for BTC bulls. History shows Kospi highs precede BTC cycle tops.
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