Metals News
Financial Forecast, Nov 13
industry news
08:29AM
Source:SMM

SHANGHAI, Nov 13 (SMM) - In spite of the limited statistics, two numbers of October will be released today: China’s volume of social financing and M2 money supply. USD was affected by the tax reform last week. Senate postponed the tax reform for enterprise and USDX closed at 94.37 last week, a 0.14% decline with the lowest point 94.243. Attention should be paid on details of US tax reform, the main factor that influences USD’s trend. USD may be on a gradual decline. Metals’ trends vary and the price may be in swing.


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USD
US tax reform
M2 supply
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