SHANGHAI, Aug. 7 (SMM) – The market will lack solid macroeconomic news today. Sentix investor confidence index in August and Labor Market Conditions Index in the US in July will be released today. The US dollar was boosted and returned above 93 due to positive non-farm data, and is expected to continue rebounding this week. Base metals plummeted in response, especially LME base metals. But some base metals were strong and were mixed.
Eurozone Q2 GDP was in line with market expectations and topped Q1. When combined with better retail sales data, eurozone economy remains positive. So, Sentix investor confidence index may improve in August.
Non-farm employment unexpectedly increased, and unemployment fell to the lowest over the past 16 years, with salary also rising. This reflects recovery in labor market. As such, the LMCI may rise in July.
![Les prix du cuivre cessent de baisser et se stabilisent ; les fournisseurs de déchets de cuivre maintiennent leurs prix tout en vendant [Revue quotidienne du cuivre secondaire SMM]](https://imgqn.smm.cn/usercenter/OpmKJ20251217171712.jpg)
![Sur le marché du matin, les cargaisons spot disponibles à Lingang étaient difficiles à trouver, et les fournisseurs maintenaient fermement leurs prix tout en limitant leurs ventes [SMM cuivre spot de Yangshan]](https://imgqn.smm.cn/usercenter/JopQJ20251217171712.jpg)
