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Home / Metal News / Key Macroeconomic Indicators for Base Metal Prices (2016-3-25)

Key Macroeconomic Indicators for Base Metal Prices (2016-3-25)

Mar 25, 2016 09:14

Source:SMM

UK and US financial markets are closed on Friday because of the Good Friday holiday.

SHANGHAI, Mar. 25 (SMM) – UK and US financial markets are closed on Friday because of the Good Friday holiday. LME market will remain closed next Monday for the Easter Day, while COMEX will resume trading.

Market will eye US final annualized Q4 GDP and annualized core PCE price index on Friday.

US monthly annualized PCE price index in Q4 2015 was the highest level in 2015, matching monthly annualized CPI. This suggests that PCE price index in Q4 2015 will exceed leves in Q2 and Q3 2015.

See SMM price forecast, please click: Shanghai Base Metals to Seek Direction from Chinese News, SMM Says

base metal price forecast

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For queries, please contact William Gu at williamgu@smm.cn

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