Macro disturbances were numerous, the US dollar index continued its upward trend, and LME zinc recorded a bearish candlestick [SMM Morning Meeting Minutes]
[SMM Morning Meeting Summary: Macro Factors Create Volatility as US Dollar Index Continues Rising, LME Zinc Records a Bearish Candlestick] Overnight, the LME zinc contract opened at $3,370/mt, fluctuated downward initially to a low of $3,238/mt, then gradually rebounded to a high of $3,377/mt. During the night session, it maintained a fluctuating trend before finally closing down at $3,318.5/mt, a decrease of $51.5/mt, or 1.53%. Trading volume increased to 153,000 lots, while open interest fell by 3,702 lots to 236,000 lots.