SMM12 March 25: yesterday, most of the outer disk metal market was red, Lun Copper fell 0.17%, Lun Zinc rose 0.6%, Lun Aluminum rose 1.2%, Lenny Nickel rose 0.6%, Lunxi rose 0.06%, Lun lead rose 0.89%. (LME) copper futures on the London Metal Exchange closed down on Thursday, but the intraday trading hovered near the highest level since 2013, and the prices of other industrial metals rose as investors bet on strong demand next year. The stock market rose as a result of a trade deal between the European Union and Britain. Domestically, international copper is up 0.06%, Shanghai copper is up 0.05%, Shanghai aluminum is up 0.85%, Shanghai lead is up 0.21%, Shanghai nickel is up 0.9%, Shanghai zinc is up 0.35%, and Shanghai tin is up 1.16%.
The dollar index fell slightly as improved risk appetite weighed on the dollar and safe-haven currencies, while the pound gave up most of its gains against the dollar in afternoon trading in New York after years of negotiations between the UK and the European Union. because investors have digested the Brexit deal and took profits. This week, the dollar index rose 0.44%, its biggest weekly gain since mid-November. Currency markets also appear to have shaken off US President Donald Trump's criticism of the fiscal rescue package approved by Congress earlier, which could deadlock the bill.
U. S. stocks closed three hours early on Thursday, while the main stock index closed slightly higher. Us stocks are closed on Friday. Investors are concerned about the progress of the new stimulus package and the epidemic situation in the United States. Britain has reached a post-Brexit trade agreement with the European Union. The Dow rose 70.04 points, or 0.23%, to 30199.87; the Nasdaq rose 33.62 points, or 0.26%, to 12804.73; and the Standard & Poor's 500 Index rose 13.05 points, or 0.35%, to 3703.06.
In terms of crude oil, international oil prices rose slightly on Thursday, driven by late buying. The oil market ended the week with quiet trading. Analysts point out that while the Brexit deal is supportive, novel coronavirus's influence is the main driver of the oil market, which is waiting for more widespread vaccination to get the public back on the road and by air.
On precious metals, COMEX gold futures closed slightly higher in quiet trading ahead of the Christmas holiday on Thursday, as investors remained optimistic about the US stimulus package, but gold prices fell for the first time in nearly a month. Before this week, futures rose for three consecutive weeks on expectations that the US stimulus package would be passed and the spread of novel coronavirus around the world accelerated.
On the data side, the Bloomberg Consumer confidence Index for the week ending December 20 in the United States, with a previous value of 48.4, is expected to release 47.
In the United States, the annual rate of ECRI's leading indicator for the week to December 18, with a previous value of 13.1%, is expected to be 14.5%.
