Aluminum price rose sharply after Bloomberg reported that the US is ready to impose a 200% tariff on Russian-made aluminum as soon as this week in order to put further pressure on the Kremlin as the one-year anniversary of the invasion of Ukraine nears, according to people familiar with the situation. Following these news, aluminum price bounced off local support at $2510. As long as price sits above, the upward move may accelerate towards the recent high at $2680, which is marked with the upper limit of the 1:1 structure.
Aluminium, H4 interval. Source: xStation5
Daily Summary: EUR/USD tries to reverse the trend; Wall Street marks its third consecutive week of gains 🚨
Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)
US Open: S&P 500 close to highs - as September Fed hike chances fall (13.08.2026)
Coffee Falls 5% on ICE 📉 Profit-Taking Hits the Market Despite Low Arabica Inventories
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
