France July industrial production m/m due in 10 minutes.

Industrial metals retreated as Middle East hostilities intensified after an LME six-metal index hit a record high. Copper and aluminium had surged to fresh highs and zinc topped $4,000/t for the first time since 2022, driven largely by supply-side strains, but the US–Iran confrontation now poses downside risks to demand and prices via weaker global growth. The US military said it destroyed five Iranian oil tankers after what it described as an attempt by Tehran to attack a US Navy warship; Iran’s Islamic Revolutionary Guard Corps said it struck two US warships, eight tankers and 10 other vessels in the Persian Gulf in response to US strikes. Brent crude rebounded toward $100/bbl, heightening inflation worries ahead of US CPI on Friday.

德国日前交付的基准电力价格上涨34.7%，达到198欧元/兆瓦时。