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Copper prices to have downward room
May 18,2021 09:07CST
SMM CommentsSMM Insight
Source:SMM
US CPI far exceeded market expectations, triggering market concerns that the US will tighten liquidity ahead of schedule. As a result, the US dollar index stopped falling and rebounded. The decline in the US dollar index is likely to be limited, weighing on copper prices in the short term. Informal financing in China fell short of expectations in April
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