Loading…
US payrolls and October CPI beat expectations, raising bets on a December Fed rate hike and lifting the US dollar index. LME aluminium inventories fell to 226,700 tonnes, and the spot-to-three-month premium hit a more than 30-year high.
Signs of easing in the Middle East also cooled geopolitical risk premiums.
The story concerns base metals, not feed commodities. Its rate and dollar signals are a broad macro backdrop that could weigh slightly on dollar-priced agricultural markets.
alcircle.comNov 15, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
