Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, Nov. 19 (SMM) – Base metals prices are expected to remain range-bound at lows today.
It is still uncertain whether the Federal Reserve will raise interest rate in December, according to the Fed’s October meeting minutes. This will constrain gains in the US dollar and helping arrest some losses of base metals.
However, should the Philadelphia Fed's manufacturing index show some improvement, US November manufacturing index will be promising, boosting the US dollar.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn