Aluminium futures: Resistance holds

What's behind this

Reliance shares attracted attention entering their second session as SAMCO identified a historical rally pattern, noting that the stock decisively broke above a prolonged downward‑sloping trendline, suggesting a shift from selling pressure to fresh buying interest. Meanwhile, global markets were described as already fragile, with concerns that large AI investments could exacerbate instability. Investors moved into bonds, causing yields to fall from multidecade highs; the benchmark 10‑year Treasury dropped almost 20 basis points on October 22, marking its biggest daily decline since early 2023.

AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.