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Overview of LME Metals
London, Sept 29 (Reuters) – London Metal Exchange (LME) copper futures ended lower on Tuesday as lME-registered warehouse stocks jumped, but a weaker DOLLAR limited losses as the market awaited manufacturing data from top consumer China. LME copper for three-month delivery rose $7, o...Read more -
Copper follows oil prices,demand outlook will worsen further
Foreign exchange news on April 23, London Metal Exchange (LME) copper rose with oil prices on Thursday, but analysts said that the rise is unlikely to continue, as data show that the economic deterioration caused by the coronavirus epidemic is likely to further aggravate the poor demand outlook. ...Read more -
Influence of Coronavirus Pneumonia on Lundon Copper
London, April 24, London Metal Exchange copper fell Friday amid fears of a deep recession in the global economy a nd pessimism about drug development to treat the new coronavirus. Investors are also worried about data showing the economic impact of the blockade, including a survey released on Fr...Read more -
London Stock
London Metal Exchange (LME): Copper inventory decreased by 1050 tons, aluminum inventory increased by 5475 tons, zinc inventory decreased by 400 tons, nickel inventory decreased by 162 tons, tin inventory decreased by 115 tons, and lead inventory increased by 250 tons.Read more -
Epidemic Situation
In terms of epidemic situation, according to the real-time data of Johns Hopkins University, by 09:30 on March 30, the total number of confirmed cases in the world had exceeded 720000, including 142000 in the United States, 97000 in Italy and 80000 in Spain. Last week, the central bank’s ...Read more -
(LME) Copper Trend
London March 27th, novel coronavirus pneumonia (LME) copper stabilized on Friday for nearly four years, due to stoppage and disruption of supply and transportation disrupted by the stoppage of the mine, and began to offset the huge impact of the new crown pneumonia epidemic on demand. At 17:00 ...Read more -
U.S. stock bull market continue to run in 2020
The market provides liquidity. Morgan Stanley said the rise of US stocks this year is divided into three different stages, the most important stage starting in mid September, when the Federal Reserve also announced the adoption of repo With the purchase of treasury bonds injected tens of billions...Read more -
Asia Pacific stock market
Asia Pacific stock market also achieved good results. As of June 26, the Shanghai Composite Index rose 20.59%, the Shenzhen Composite Index rose 42.32%, and the Hang Seng Index rose in Hong Kong 7.81%. In addition, Japan’s Nikkei 225 index rose 19.54% and South Korea’s composite index...Read more -
Global stock markets are up $17 trillion this year
In 2019, the market’s worries about global economic growth have been lingering, but “unusual” is that this year’s price rise of safe haven assets such as gold is not as good as the stock market known as “risk assets”. The longest bull market in the history of t...Read more -
LME Price
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China implements active fiscal policy and steady monetary policy
China’s fiscal policy is more active, and the tax reduction and fee reduction policies that have been introduced in succession have made room for enterprises to invest. From January to may, a total of 893 billion yuan of tax reduction and fee reduction was added. However, the decline of the...Read more -
Economic downturn in the euro zone
Manufacturing in the euro zone is in a downturn, the economic sentiment index is weak, inflation data is low, and consumer confidence index is declining. The macro data performance is poor. The ECB plans to speed up the pace of quantitative easing. In the future, the European economy may continue...Read more -
Xi Jinping arrived in Osaka, Japan, to attend the 14th Summit
President Xi Jinping arrived in Osaka on June 27 by special plane and attended the 14th summit at the invitation of Japanese Prime Minister Shinzo Abe. At about 1.15 p.m. local time, Xi’s special plane arrived at Kansai International Airport in Osaka. Xi Jinping stepped out of the cabin doo...Read more -
The Great Focus of the China-US G20 Summit
The biggest focus of global attention at the Osaka G20 summit will be a meeting during the summit: a meeting between President Trump and Chinese President Xi Jinping. Chinese and American leaders will seek to resolve the trade and technological war between the two countries. President Trump and C...Read more -
U.S. economy
Recently, after the upside-down of the three-month and 10-year yields of U.S. Treasury bonds, market worries were once ignited. Because such a situation in history often indicates recession risk in the U.S. economy, and triggers a rise in market risk aversion sentiment. As a result, market risk a...Read more -
global monetary policy
Recent data show that the U.S. economy is not ideal. The Federal Reserve’s monetary policy has also continued to be moderate, keeping the original interest rate level unchanged. The Fed will also reduce its GDP forecast for 2019 to 2.1%. After last year’s successive interest rate hike...Read more -
Copper continues to explore opportunities in the market
Since October 2018, institutions and large investment banks in the market have been expecting a slowdown in economic growth in 2019. According to recent data analysis published by major economies, the economic downturn has indeed occurred. For example, Germany’s GDP growth in 2018, announce...Read more -
International copper prices are mainly based on London Metal Exchange Futures Copper prices
As an active futures product, copper has certain financial attributes, and its price will be affected by the financial market. However, as the basic raw material of industry, its price fluctuation is essentially affected by the supply and demand relationship of the product market. At present, the...Read more -
Influences of Main Supply and Demand Factors on International Copper Price in China’s Copper Market
China has become the world’s largest copper consumer and an important factor influencing international copper prices. In recent years, China’s refined copper consumption has basically maintained about half of the global refined copper consumption, accounting for 50.16% from January to...Read more -
Global Economic Slowdown
All three major U.S. stock indexes fell 2 percent on Monday, with the s&p 500 on track for its worst December since the great depression.Global stocks have fallen for seven straight sessions and risk sentiment has been tempered by fears of a global economic slowdown, with copper trading in Sh...Read more -
China’s imports of copper scrap from the United States
China’s imports of copper scrap from the United States, previously one of China’s biggest suppliers, fell 37 percent in October from a month earlier to 6,065 tons, less than a sixth of 39,732 tons a year earlier, according to the general administration of customs.Imports of 330,000 to...Read more
