China's dip in growth is causing problems for metal prices and global supply chains - financial expert explains the effects.
According to a report by www.dasinvestment.com, China's slowdown in growth is having an impact on metal prices and weakness in crude oil prices is also evident. The global economic slowdown is reflected in relaxed supply chains and a record low in the New York Fed's Global Supply Chain Pressure Index. The central banks are reducing the available investment funds and the demand for raw materials. Industrial metals are in a downward trend, although prices for copper are expected to stabilize due to a shortage in supply. A general brightening of the global economy is expected for 2024 and indicates increasing demand for metal in the long term due to the mega-issue of climate protection. The tense supply situation for crude oil is calming prices, while gold...

China's dip in growth is causing problems for metal prices and global supply chains - financial expert explains the effects.
According to a report by www.dasinvestment.com, China's slowdown in growth is having an impact on metal prices and weakness in crude oil prices is also evident. The global economic slowdown is reflected in relaxed supply chains and a record low in the New York Fed's Global Supply Chain Pressure Index. The central banks are reducing the available investment funds and the demand for raw materials. Industrial metals are in a downward trend, although prices for copper are expected to stabilize due to a shortage in supply.
A general brightening of the global economy is expected for 2024 and indicates increasing demand for metal in the long term due to the mega-issue of climate protection. The tense supply situation for crude oil is calming prices, while gold could benefit from falling US inflation rates. In view of the excessive indebtedness and the subdued economic situation, an earlier relaxation of interest rates is also possible. Disinflation in the USA and the progressive calming of producer prices is progressing. The stock markets are benefiting from the easing of inflation and interest rates, and German stocks have longer-term upward potential.
From a financial expert's perspective, this means that developments on the raw material and stock markets are closely linked to global economic movements, interest rate and monetary policy. These factors can have a significant impact on investment opportunities and strategies. It is important to keep an eye on long-term trends and carefully weigh the opportunities and risks. The current market situation requires precise analysis and a sound understanding of global economic developments.
Read the source article at www.dasinvestment.com