Why aluminium prices are struggling at a one-and-a-half-year low

Since the Russian invasion of Ukraine, aluminium has lost its steam shedding prices to a one-and-a-half-year low. Prices on the benchmark London Metal Exchange has corrected to more than 48 per cent from its all-time high tested in March. Similar moves were witnessed in Shanghai and the MCX futures.

Runaway bear market blows past everything meant to slow it down

Along the way, the summer rally faltered even after the S&P 500 recouped half its bear-market decline incurred between January and June, defying a 50% indicator that’s touted as a tool with a perfect record of calling the start of a new bull. The June low gave way, as did a series of round numbers […]