SMM1 March 27: yesterday, the outer plate metal rose and fell differently, Lun Copper fell 0.13%, Lun Aluminum rose 0.15%, Lunzn Zinc fell 1.7%, Lunni fell 1.12%, Lunxi rose 1.78%, and Lunxi lead rose 0.56%. In the domestic market, international copper is up 0.19%, Shanghai copper is up 0.24%, Shanghai aluminum is unchanged, Shanghai zinc is down 1.48%, Shanghai lead is up 1.16%, Shanghai nickel is down 1.19%, Shanghai tin is up 0.8%, iron ore is down 0.05%, thread is up 1.06%, and stainless steel is down 0.76%. Among them, Lunxi rose for two consecutive days, reaching an intraday high of 22900 yuan / ton, the highest since the end of July 2014.
The dollar index fell 24 cents to 90.147. Michael Brown, a senior analyst at payments company Caxton in London, said the dollar appeared to be guided by overall risk sentiment in the market. It is possible that the (FOMC) meeting of the Federal Open Market Committee is still a dove meeting, and the market may not be interested in buying dollars before that. He added that the technical side was also a bit weak, noting that the dollar index had not risen above 90.50 for a long time.
The three major indexes of US stocks fell across the board, with the Dow down 22.96 points, or 0.07%, at 30937.04; the Nasdaq was down 9.93 points, or 0.07%, at 13626.06; and the S & P 500 was down 5.74 points, or 0.15%, at 3849.62. Investors are also keeping a close eye on the prospect of further fiscal stimulus this week. Many market participants believe that Biden's stimulus package will be difficult to pass quickly.
In terms of crude oil, according to data released by the American Petroleum Institute ((API)), API crude oil stocks in the United States fell by 5.272 million barrels in the week ended January 22, and are expected to increase by 603000 barrels. The sharp decline in API crude oil stocks boosted oil prices.
In terms of precious metals, COMEX February gold futures closed down 0.2% at $1850.90 an ounce. The market is worried about a new round of novel coronavirus aid plan in the United States, but the slight weakness of the US dollar and the weak performance of US bond yields have limited the decline in gold prices, and investors have paid close attention to the Fed's policy meetings. seek to confirm that current market support factors will not change.
In terms of data, the monthly rate of the US FHFA house price index in November, previous value: 1.5% expected: 0.8% announcement: 1%
Us Conference Board Consumer confidence Index in January, previous value: 87.1 expected: 89 announcement: 89.3
Us API crude oil inventory (10,000 barrels) for the week to January 22nd, previous value: 256.2 expected: 60.3 announcement:-527.2
