Published: Aug 12, 2024 09:00
[SMM Morning Meeting Summary: US Job Market Releases Positive Signals, Tin Prices Expected to Strengthen in the Future] According to the latest employment data released by the US Department of Labor, the number of initial jobless claims for the week of August 3 unexpectedly fell to 233,000, significantly lower than the market expectation of 240,000 and a substantial decrease from previous data. This positive signal has had a notable impact on the financial market. Specifically, buoyed by this data, the three major US stock indexes have risen comprehensively, and this series of gains have effectively boosted market confidence. In terms of the futures market, trading activity has also increased significantly...

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[SMM Morning Meeting Summary: US Job Market Releases Positive Signals, - Shanghai Metals Market (SMM)