SHANGHAI, Nov 10 (SMM) - Today's focus is on China's M2 money supply of October and initial CCI which will be released by Michigan University. The statistic of US economy implied strong growth, but did not result in USD's rise. Estimation is that USD will decline recently before the tax reform goes any further. Trends of nonferrous metals vary. Price of nickel futures falls, and lead and zinc futures rise a little. The trend of base metals may continue to be on the decline.
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![SHFE lead sees synchronized long and short position increases, with prices fluctuating at highs above the 16,000 level [Lead Futures Brief Comment]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)
