[overnight market] Lunxue rose more than 1%, metals rose and fell each other, the dollar broke through 91 levels, Meibu crude oil rose more than 2%.

SMM2 March 18: yesterday, the outer disk metal market rose and fell both sides. Lun Copper rose 0.09%, Lunzn Zinc fell 0.69%, Lun Aluminum rose 1.34%, Lenny Nickel fell 0.21%, Lunxi rose 1.2%, Lun lead fell 0.02%. (LME) copper futures on the London Metal Exchange fell on Wednesday, due to profit-taking caused by a rising dollar, but inventories were on the low side. Sentiment is supported by optimism that the stimulus package and economic growth will boost the outlook for demand. Analysts point out that copper stocks are generally low. Under normal circumstances, inventories will increase before the Chinese New year holiday, but this has not happened. The idea of reflation is deeply entrenched, and the US decision to press ahead with a large-scale stimulus package is likely to further reinforce it.

The dollar index hit 91.05, its highest level since Feb. 8, as optimistic economic data and signs of stronger inflation helped push the dollar higher. The dollar index continued to recover from a three-week low hit on Friday, rising 0.40 per cent to 90.94 in late trading. U. S. retail sales, industrial production and producer price index (PPI) data released on Wednesday were all better than expected. This suggests that the momentum of economic recovery from the pandemic-triggered recession is gaining momentum as vaccination progress is made.

U. S. stocks closed mixed on Wednesday. The Dow hit another all-time high, led by Buffett's increased holdings of two stocks. The minutes of the Fed meeting reiterated the need to keep policy loose. Us retail sales data for January were much higher than expected, but inflation expectations rose with it. Yields on 10-year US Treasuries hit another one-year high. The Dow rose 90.27 points, or 0.29%, to 31613.02; the Nasdaq fell 82.00 points, or 0.58%, to 13965.49; and the S & P 500 fell 1.26 points, or 0.03%, to 3931.33.

For crude oil, crude oil futures prices rose on Wednesday as cold weather pushed into southern Texas, halting refining equipment. Us WTI crude oil futures closed above the $60 mark for the second day in a row. Due to the President's Day holiday on Monday, the US Energy Information Administration (EIA) (EIA) will postpone the release of the official inventory report at 0: 00 on Friday when jian is in Beijing. U.S. crude oil stocks fell by 5.8 million barrels in the week ended Feb. 12, with analysts expecting a decline of 2.4 million barrels, according to data released Wednesday by the American Petroleum Institute ((API)).

In terms of precious metals, COMEX gold futures fell for the fourth straight session on Wednesday, closing at their lowest level since June, with a dead cross on the technical chart suggesting that prices could fall for a long time. Fed officials last month debated how to lay the groundwork for public acceptance of higher inflation and the need to be wary of signs of stress in soaring asset markets, according to minutes of the FED/ Fed's January 26-27 policy meeting.

In terms of data, the monthly rate of retail sales in the United States in January, previous value-0.70%, expected 1%, revised-1% (previous value), announced 5.3%.

The monthly rate of PPI in the United States in January, with a previous value of 0.30% and an expected rate of 0.40%, was published at 1.3%.