SMM7 March 27: yesterday, the outer disk metal generally fell, Lunni continued its daytime decline, and once fell more than 2% in intraday trading. Lun Copper fell 0.66 per cent to end a five-day rally as investors suspended heavy bets ahead of the Fed meeting, which is expected to give more direction to monetary policy. In the outer market, with the exception of Lun copper, Lunni fell 1.93%, Lunxi fell 1.47%, Lunxi lead fell 1.33%, Lunzn zinc fell 1.23%, and Lun aluminum fell 0.78%.
Domestic non-ferrous metals are mixed. By the close, Shanghai Copper was up 0.45%, Shanghai Aluminum was down 0.79%, Shanghai Zinc was down 0.29%, Shanghai lead was down 0.5%, Shanghai Nickel was up 0.11%, and Shanghai Tin was down 0.99%. Yesterday, under the stimulation of stainless steel tariff news, Shanghai nickel speculative funds risk aversion led to a sharp fall in prices, the dollar rose sharply after the day's close, Lunni also continued its downward trend. At present, the news is still a rumor has not been confirmed, SMM believes that the Shanghai-tin short-term high shock pattern has not changed.
On the dollar side, the dollar fell slightly against a basket of currencies on Tuesday as investors waited for the results of the Fed's two-day meeting this week to look for signals about when the Fed began to scale back its asset purchases.
U. S. stocks fell for the first time in six trading days on Tuesday, and the Fed will hold a monetary policy meeting on Wednesday, the results of which will be announced tomorrow. The market is paying close attention to the spread of Delta mutants and its impact on the economy.
On crude oil, crude oil futures held steady ahead of US inventory data on Tuesday, and despite tighter crude oil supplies and higher vaccination rates, investors remain concerned that global demand will be affected by a surge in novel coronavirus cases.
In precious metals, COMEX gold futures rose slightly on Tuesday, but remained below the key level of $1800 for the second day in a row. Chintan Karnani, head of research at Insignia Consultants, said gold remained within a narrow trading band under the weak dollar ahead of the Fed's announcement of monetary policy on Wednesday, and the meeting is likely to provide details of scaling back the stimulus package. Gold could fall if the Fed suggests an early end to bond purchases in the fourth quarter, boosts the economic outlook and maintains its temporary stance on inflation.
The annual profit rate of China's industrial enterprises above scale in June is a single month, with a previous value of 36.4 and a published value of 20.
In the UK, the difference in retail sales for July was 25, with a forecast of 20 and a published value of 23.
The initial value of the monthly order rate of durable goods in the United States in June was 2.3, with a forecast value of 2.1 and a published value of 0.8.
The monthly rate of the FHFA house price index for May in the United States was 1.8, compared with the forecast value of 1.6 and the published value of 1.7.
The previous value of the Conference Board Consumer confidence Index in the United States in July was 127.3, the forecast value was 123.9, and the public value was 129.1.


![Les contrats à terme sur le platine et le palladium fluctuent fortement, avec un environnement de forte volatilité persistant à court terme [Revue hebdomadaire SMM du platine et du palladium]](https://imgqn.smm.cn/usercenter/wDeWQ20251217171734.jpeg)


