Global interest rate cut starts Hengqiang, a strong domestic commodity-Shanghai Metals Market

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Global interest rate cut starts Hengqiang, a strong domestic commodity

Translation 09:38:07AM Jul 19, 2019 Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: at the beginning of the day, most of the domestic goods were green, but the strong Shanghai nickel, silver and eggs still rose sharply during the week. Under the background of the continuous decline in international oil prices, the chemical industry is still resistant to decline.

Four central banks cut interest rates one after another yesterday, raising the tide of interest rate cuts by central banks around the world. Of course, the biggest concern for the market is the Fed's action at the end of the month. Yesterday, Fed Williams said interest rates should be cut as soon as possible. There are fewer macro data in the US and Europe today, focusing on the Michigan consumer confidence index in the US and speeches by Fed officials.

Global interest rate cut starts Hengqiang, a strong domestic commodity

Translation 09:38:07AM Jul 19, 2019 Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: at the beginning of the day, most of the domestic goods were green, but the strong Shanghai nickel, silver and eggs still rose sharply during the week. Under the background of the continuous decline in international oil prices, the chemical industry is still resistant to decline.

Four central banks cut interest rates one after another yesterday, raising the tide of interest rate cuts by central banks around the world. Of course, the biggest concern for the market is the Fed's action at the end of the month. Yesterday, Fed Williams said interest rates should be cut as soon as possible. There are fewer macro data in the US and Europe today, focusing on the Michigan consumer confidence index in the US and speeches by Fed officials.