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Document shows Germany's draft 2027 budget foresees core-budget net borrowing of €118.7bn and allocates €117.5bn for investment.
2026-07-03
Document shows Germany's draft 2027 budget foresees core-budget net borrowing of €118.7bn and allocates €117.5bn for investment.
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2026-07-03
Canada Pension Plan Investment Board (CPPIB) to partner with Swedish investment firm EQT on AI infrastructure investments; CPPIB will commit US$1.75bln to support EQT's related strategy.
Canada Pension Plan Investment Board (CPPIB) to partner with Swedish investment firm EQT on AI infrastructure investments; CPPIB will commit US$1.75bln to support EQT's related strategy.
2026-07-03
Citigroup expects aluminum to bottom within the next month and to recover to $3,300–3,500/ton during Sep–Dec. The call is based on a more dovish Fed outlook, falling real rates, an improving demand outlook and declining inventories on a consumption‑d
Citigroup expects aluminum to bottom within the next month and to recover to $3,300–3,500/ton during Sep–Dec. The call is based on a more dovish Fed outlook, falling real rates, an improving demand outlook and declining inventories on a consumption‑days basis. The bank says the recent ~20% drop from about $4,450/t over the past month largely reflected weaker-than-expected demand, slower visible inventory draws, easing geopolitical risk, concentrated liquidations of speculative and physical positions, and rising expectations of future supply increases. Citigroup warns conditions do not favor shorting: the market was in a supply deficit before the recent shock and new supply is unlikely to close the gap quickly. It also says concerns about a rapid return of Middle East supply may be overstated.
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