Accessible version Basic Materials - China Copper/Aluminum/Gold Lifted; Ally Margin Slides; Steel Prices Rose Industry Overview Metals: Copper/Ally/Gold Lift; Lithium& Uranium advance US Nov'25 CPI came in below expectations, boosting prospects for a rate cut in Mar'26. LME copper gained 2.0% WoW to US$11,764/t, while China's price fell 1.4% to RMB 92,640/t. LME aluminum edged up 1.3% WoW to US$2,872/t, whereas China's price slipped 1.0% to RMB 21,820/t, squeezing margins by RMB 170/t WoW to RMB 5,915/t. CO ...

We are awaiting GDP data this morning. Final real day of data before everyone leaves and goes home for the Christmas holiday. Although we need to point out that this data is going to be stale.Remember, we didn't get it in time because of the longest government shutdown in history. And actually, what we're getting to, Matt, as you can see, is reaction here. A massive upside surprise.Prior was 3.8%. Their survey was 3.3%. GDP comes in at 4.3% this morning, Matt.That is an uptick not many people were expecting ...

Stocks looked set to rise on Friday, with investors now confident the Federal Reserve will have scope to cut interest rates in 2026 following a sharp pullback in November inflation.Futures tracking the Dow Jones Industrial Average were broadly flat, S&P 500 futures climbed 0.1%, and contracts tied to the tech-heavy Nasdaq 100 were up 0.2%.The Dow and S&P 500 each snapped four-day losing streaks on Thursday, after the delayed November consumer-price index showed there had been a surprise slowdown in inflatio ...

WTF IT'S HAPPENING Rate Cut Incoming! Crypto Bulls Are Back? https://t.co/aWlXzvjAwx ...

Welcome back. Stocks are higher after the cooler than expected inflation data this morning. But some questions now being raised about how much we might trust this print.Our Steve Leeman's looking into that. I'm seen the Brucellis response this morning. Uh [laughter] dude, that was one flawed report.>> That's one of my bullet points here, Carl. And you guys were just talking about this stocks loving this cooler than expected inflation report. The bond market and economists highly skeptical with many saying c ...

PRICES RISING 2.7% FROM A YEAR AGO. THAT WAS COOLER THAN EXPECTED. THE PRINT SENDING ODDS OF A MARCH RATE CUT TO OVER 50% RIGHT NOW.JOINING US NOW IS PIMCO GLOBAL ECONOMIC ADVISOR, FORMER FEDERAL RESERVE VICE CHAIR RICHARD CLARIDA. IT'S GREAT TO HAVE YOU HERE. >> WELCOME BACK.YEAH. ALWAYS ENJOY IT. >> SO HOW MUCH DO YOU READ INTO THIS INFLATION PRINT.>> I THINK THERE'S SOME GOOD NEWS HERE. OBVIOUSLY DISTORTIONS WITH THE SHUTDOWN AND SOME SEASONALS. BUT I THINK YOU TAKE THE GOOD NEWS WHEN YOU CAN CAN GET IT. ...

Thursday's inflation data come with a number of caveats, but it keeps the rate cut dream alive, @jonathanjlevin says (via @opinion) https://t.co/uzGUTQoPAC ...

TOM: GOOD MORNING. THIS IS BLOOMBERG DAYBREAK. THESE ARE THE STORIES THAT SET YOUR AGENDA. STOCKS IN ASIA FOLLOWED WALL STREET LOWER OVER NEW CONCERNS ON TECH VALUATIONS. TRADERS TURN THEIR CONCERNS TO TODAY’S U.S. INFLATION DATA. THE BANK OF ENGLAND IS SET TO RESUME RATE CUT WITH THE ECB EXPECTED TO HOLD. WE WILL SET YOU UP FOR DECISION DAY. BIG OIL GETS ITS FIRST FEMALE CEO AS BP APPOINTS WOODSIDE’S MEG O’NEILL. LET’S GET TO THE MARKETS. EUROPEAN FUTURES FLAT. STUCK IN SOMETHING OF A RUT. EUROPEAN EQUITY ...

The case for a UK rate cut is looking more persuasive, but it’s not quite a done deal https://t.co/1lqWasXyJG ...

Is this a fluke or is it enough to comfort the hawks on the Bank of England who are worried about inflation longer term. I don't think it's a fluke, but I also think that the hawks on the Bank of England will still be there fretting about some of the structural stories in the background. So I think, you know, in the middle is Governor Bailey, you know, he's the he's the key voter that's going to decide what they'll do in December is certainly enough for him because I think the weakness is fairly broad versu ...