Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Predicts ESS Demand to Provide Upside for Metal Stocks, Favors Aluminum, Copper, Gold, Lithium, Cobalt
Recommend 8 Positive 15 Negative 6 |
||||
|
||||
|
Morgan Stanley's global strategy team expected the USD Bear Regime to continue. It estimated that the USD Index (DXY) may sag another 5% in 1H26 and pick up in 2H26 due to Carry Regime, with anticipation that the Fed will cut interest rates three more times. Supportive macro environment, along with supply disruptions in copper, aluminum, and cobalt, renders support for commodity prices. Morgan Stanley was also bullish about the development of Energy Storage Systems (ESS), predicting that related demand will grow by about 50% next year, remaining strong. The broker favored stocks related to aluminum, copper, gold, lithium, and cobalt, and was bullish on ZIJIN MINING (02899.HK), CMOC (03993.HK), CHINAHONGQIAO (01378.HK), CHALCO (02600.HK), JLMAG (06680.HK), HUAYOU COBALT (603799.SH), and HX BLDG MAT (06655.HK), all with an Overweight rating. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
