Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Key Macroeconomic Indicators for Base Metal Prices (2015-12-24)

Key Macroeconomic Indicators for Base Metal Prices (2015-12-24)

Dec 24, 2015 09:28

Source:SMM

There will be little solid macroeconomic news today. A large number of investors will leave the market due to the Christmas holiday.

SHANGHAI, Dec. 24 (SMM) – There will be little solid macroeconomic news today. A large number of investors will leave the market due to the Christmas holiday. Base metals prices should remain in upward track, but follow their own price trends.

The number of US initial jobless claims last week rose above 270,000, but remaining below 300,000 for 42 weeks in a row, meaning a steady recovery in the US job market.

China stepping up investment in grid and housing, combined with improvement in crude oil market, should inspire investors.

base metals prices

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

Related news

Key Macroeconomic Indicators for Base Metal Prices (2015-10-19)

The market is unlikely to be overt pessimistic despite China’s poor Q3 GDP growth.

time

Oct 19, 2015 10:13

Metals and Energy Technical Report - Sept 01, 2015 : Angel Commodities

Intraday Strategy: Buy MCX Dec Silver between 34950-35000, SL-34650, Target-35650.

time

Sep 1, 2015 16:33

Metals and Energy Technical Report - August 26, 2015 : Angel Commodities

Intraday Strategy: Buy MCX Aug Copper between 332-333, SL- 329, Target-339 / 340.

time

Aug 27, 2015 10:57

Metals Technical Report - August 26, 2015 : Angel Commodities

Intraday Strategy: Buy MCX Aug Copper between 332-333, SL- 329, Target-339 / 340

time

Aug 26, 2015 15:02

Base Metals Technical Report 25 August,2015 - Emkay Commotrade

Copper prices have retraced back towards the lower end of its trading range at 330 levels.

time

Aug 26, 2015 10:53

Base Metals Technical Report 20 August,2015 - Emkay Commotrade

Copper prices hit a fresh swing low of 326.10 but the counter has managed to rebound towards 332.90 levels.

time

Aug 21, 2015 09:57

Key Macroeconomic Indicators for Base Metal Prices (2015-7-16)

Major economic indicators released overnight were positive.

time

Jul 16, 2015 10:08

Key Macroeconomic Indicators for Base Metal Prices (2015-7-15)

The market lacked solid macroeconomic news overnight.

time

Jul 15, 2015 09:57

Key Macroeconomic Indicators for Base Metal Prices (2015-7-6)

Greek people voted “no” in Sunday’s referendum and risk of a Greek exit grows. Euro tumbled this morning whereas US dollar index jumped to 96.694 after opening morning session.

time

Jul 6, 2015 11:14

Key Macroeconomic Indicators for Base Metal Prices (2015-7-3)

The number of US non-farm employment released overnight increased 223,000, slightly lower than the average 225,000 expected by Market Watch’s economists.

time

Jul 3, 2015 10:22

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.