Friday , 22 November 2024
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Aluminum and nickel have rocketed higher on the London Metal Exchange

Aluminum and nickel have rocketed higher on the London Metal Exchange.

Traders responding to new US and UK sanctions:

  • these ban deliveries of any Russian supplies produced after midnight on Friday

Aluminium has jumped the most since 1987.

This’ll feed through to CPI via PPI (higher price for industrial inputs).

This article was written by Eamonn Sheridan at www.forexlive.com.

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