최근 유가 움직임과 원자재 파급 효과

It's a tricky balance to navigate. The demand destruction from sustained higher rates is a real consideration, and it's hard to see how industrial metals fully decouple from the broader energy cost narrative. Are you seeing any specific thresholds that give you pause on those metals?

That's a good point about the conflicting signals. I'm also watching how inventory builds or draws in the next few weeks impact that 'fragile momentum' you mentioned, especially with the summer driving season kicking off. It could definitely influence broader commodity sentiment.