Today's news: the dollar fell by the biggest two days in 16 months * the Chuquicamatamine copper union called on workers to reject wage proposals

Published: Jun 21, 2019 09:18

Macro information

The Bank of England keeps benchmark interest rates and asset purchases unchanged

The number of initial jobless claims in the United States last week was 216000 below expectations.

Philadelphia Fed Manufacturing Index falls to four-month low

The dollar fell by the biggest two days in 16 months

NDRC: CPI is expected to increase by about 2.4 per cent year-on-year for the whole year

Metal news

[recording of the meeting] SMM: has long been cautiously optimistic that aluminum prices will weaken in the short term and that overseas consumption will be weaker than domestic consumption this year.

The frequent and unexpected fluctuation of nickel in [SMM analysis] an exclusive analysis of the logic of nickel price range valuation

Big bang! Ministry of Ecology and Environment issues a document abolishing 47 normative documents and revising 3 normative documents

Chuquicamatamine Copper Mine Union calls on Workers to reject wage proposals

The average daily output of primary aluminum in the world (excluding China) in May was 71000 tons per day for IAI:.

ILZSG: Global lead Market turns into shortage in April

ILZSG: April global zinc market supply shortage 84000 tons

Why does Luoyang Molybdenum Industry, which is sitting on $30 billion in cash, not short of money to reorder copper and cobalt ore terms?

Tianjin Ecological Environment Bureau names 5 steel enterprises: suspected environmental violations

Related news

The surge in US oil prices by more than 5 per cent has been boosted by tensions in Iran and the prospect of the Fed cutting interest rates

Xi'an issued the strictest purchase restriction order for half a year

Musk cuts costs to deal with traditional car companies' encirclement and suppression of Tesla's cumulative layoffs of nearly 8000 people in two years

Ultimatum! Traditional fuel vehicles drive into the "ban timetable" countries are competing to support the rise of new energy vehicles

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Feb 6, 2026 23:56
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Read More
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan
Feb 6, 2026 23:56
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Feb 6, 2026 23:54
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Read More
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.
Feb 6, 2026 23:54
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Feb 6, 2026 23:47
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Read More
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."
Feb 6, 2026 23:47
Today's news: the dollar fell by the biggest two days in 16 months * the Chuquicamatamine copper union called on workers to reject wage proposals - Shanghai Metals Market (SMM)