Crude oil: crude oil: news on Tuesday that Russia and Ukraine had made progress in negotiations and that Russia had reduced some military actions cooled the tense oil market. International crude oil futures prices once fell more than 6% in intraday trading, but then Russia said this did not mean it was hot. There is still a long way to go to sign a formal agreement with Kiev, and then crude oil narrowed down. In addition, the Kazakh Ministry of Energy said on Tuesday that Affected by the damage to export facilities by the storm, the country's oil production will lose at least 1/5 a month, the news also provided support to the oil market, the international two barrels of oil eventually closed below 1%.
After data released this morning showed that US API crude stocks fell 3 million barrels for the second week in a row, US oil rebounded in the morning, up about 2 per cent as of 7:04. This evening will also usher in the United States EIA crude oil inventory data last week, to see whether Synchronize fell.
On the dollar side: news of the progress in the overnight Russian-Ukrainian talks weakened the dollar's risk aversion, with the dollar index closing down 0.74% and European and American stock markets rising across the board, with the S & P four winning streak hitting a two-month high.
Today, we will focus on important data such as the number of ADP employment in March in the United States, the final annualized quarterly rate of GDP in the fourth quarter in the United States, the final value of the consumer confidence index in March in the euro zone, the economic climate index and so on.
Metal futures:
By the end of the day, basic metals had risen generally in the inner market. Among them, the decline of Shanghai Nickel narrowed to 4.64%, while Shanghai Aluminum fell slightly by 0.22%. Both zinc and tin in Shanghai rose more than 1%, while copper and lead in Shanghai closed up 0.73% and 0.91% respectively. Black series, stainless steel and hot rolling both fell by more than 0.7%, while thread and iron ore closed up by 0.26% and 0.52% respectively. In the coal system, both coking coal and coke rose by more than 3%, while thermal coal fell by more than 2%.
During the night session, the metal in the inner market fell, with only Shanghai lead and tin floating red, up 0.1% and 0.39%, respectively. Among them, the decline in Shanghai nickel narrowed to 2.88%, Shanghai Aluminum fell 1.76%, Shanghai copper and zinc closed down 0.39% and 0.57% respectively.
Black series, only stainless steel slightly increased 0.32%, thread, iron ore, hot rolling all fell by more than 1%.
Coal, coke and coke closed up 0.37% and 1.23% respectively, while thermal coal decreased by 1.21%.
LME metal, mixed. Lun aluminum fell by more than 4%, Lunni fell by more than 3%, lun lead rose by 0.87%, and Lunxi increased by 0.51%.
Precious metals, COMEX gold futures fell more than 1% on Tuesday, hitting an one-month low, palladium closed down nearly 6%, and signs of progress in Russia-Ukraine peace talks weakened demand for precious metals.
The COMEX April gold futures contract fell $27.60, or 1.4 percent, to settle at $1912.20 an ounce at 13:30 new York time.
The more actively traded June gold futures contract fell 1.4 per cent, or $26.70, to settle at $1918.00 an ounce.
As of 07:23 on March 30th, it closed at night on March 29th:
"Futures prices fluctuate greatly. For enterprise settlement, please refer to SMM spot quotation!
![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)
