Published: Aug 5, 2024 08:11
[SMM Lead Morning Meeting Summary: Lead Prices Continue to Fluctuate Weakly, Market Trading Activity Cools Down] Last Friday, LME lead opened at USD 2,054 per tonne and consolidated during the Asian trading hours; entering the European trading hours, short positions increased and LME lead prices fluctuated downward to a low of USD 2,018 per tonne... On the macro side, July's non-farm payrolls came as a surprise, with the unemployment rate unexpectedly rising to 4.3%, and July's employment increased by 114,000, lower than the expected 175,000...

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[SMM Lead Morning Meeting Summary: Lead Prices Continue to Fluctuate W - Shanghai Metals Market (SMM)