The dollar fell below 100 metals rose and fell, while lead rose more than 2.1% [overnight].

In terms of crude oil: oil prices in both cities rose more than 3%, with the US oil market hitting a new high of $104.47 per barrel since April 5, while cloth oil also hit $109per barrel, the highest level since April 5. The sharp increase in US crude oil inventories has failed to ease concerns about global supply constraints, and major oil traders are expected to reduce their purchases of Russian oil.

On the dollar side: the overnight dollar fell from its nearly two-year high, closing down 0.48 per cent at 99.830. The ECB provided markets with a convenient excuse to lock in profits on the dollar ahead of Thursday's ECB policy meeting, as the euro reversed its trend from falling to rising.

Today's macro focus is on retail sales data in the United States in March, the preliminary consumer confidence index at the University of Michigan in April, and the European Central Bank's main refinancing rate in the euro area in April. In addition, pay attention to the results of interest rate decisions to be announced by the Federal Reserve of New Zealand and the Bank of Canada.

Metal futures: overnight outer disk metal more floating red, Luntong Lun aluminum only two fell. Lun lead led the pack of outer-disk metals with a 2.11% rise, hitting an intraday high of $2445 a tonne since April 1. Ren Zinc followed with a 1.79 per cent rise and jumped to $4521.5 in intraday trading, the highest level in more than a month on March 8, mainly because of falling LME inventories and the risk of further production cuts by European smelters due to rising energy prices. In addition to the above two, Renni also rose more than 1%, closing up 1.28%. Lun copper and aluminum both fell more than 0.3%.

In the inner market, except for Shanghai copper and Shanghai lead, all the other metals closed higher. Shanghai copper slightly fell 0.09%, Shanghai lead and the outer disk trend is diametrically opposite, after the opening of the night all the way down, and finally closed down 0.13%. Shanghai tin in the inner market metal with a rise of 1.18%, Shanghai zinc in the evening after the opening of a slight pullback, and finally closed up 0.23%. Shanghai aluminum and nickel both rose more than 0.5%.

Black is mixed, thread and iron ore both closed down, thread fell 0.1%, iron ore fell more than 1.2%. The hot coil fluctuated upward after the opening of trading at night, leading the way with an increase of 0.49%, while stainless steel rose slightly by 0.18%. The trend of double coke was divided, and the closing price of coking coal fell by 0.13%. Coke recorded an increase of 0.83%.

Precious metals: COMEX gold futures rose for the fifth day in a row, rising to $1985.8 at one point, hitting a new high since March 14. On the one hand, the weaker dollar supported gold prices, while inflation data from the US and the UK rose more than expected, making gold more attractive as a hedge against inflation.

As at 06:35 on April 14th:

"Futures prices fluctuate greatly. For enterprise settlement, please refer to SMM spot quotation!