NewsFlash / Copper / US Dollar Strength Weighs on Copper Prices; Domestic Measures Aim to Stabilize Markets
US Dollar Strength Weighs on Copper Prices; Domestic Measures Aim to Stabilize Markets
iconDec 16, 2024 08:48
Source:SMM
[US Dollar Strength Pressures Copper Prices, Market Consumption Slightly Mediocre] Macro side, the strengthening US dollar pressures copper prices downward. Domestically, the China Securities Regulatory Commission stated its firm commitment to stabilizing the real estate and stock markets, effectively maintaining capital market stability. Meanwhile, multiple departments, including the Ministry of Housing and Urban-Rural Development and the Ministry of Finance, have voiced their opinions, providing forecasts for future favorable policies.

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