| 1 | After opening higher, US stocks extended that rally. | |
| 2 | There are, nonetheless, the four risks. Much of the latest tranche of the stock rally is based on optimism over earnings. | |
| 3 | It is definitely something but any rise will be short-lived. It's not really the end and we all know it. | |
| 4 | This is illusory, however, as much of the rise in equity and commodity prices can be attributed to measuring the value of these asset classes in a currency that is being devalued. | |
| 5 | But aluminum and nickel markets are still pressured by huge supply surpluses and analysts have said their rally from lows in recent months could be fragile. |