Nov 10th Forecast: US’s CCI to Release, Varying Trend of Metals

SHANGHAI, Nov 10 (SMM) - Today's focus is on China's M2 money supply of October and initial CCI which will be released by Michigan University. The statistic of US economy implied strong growth, but did not result in USD's rise. Estimation is that USD will decline recently before the tax reform goes any further.  Trends of nonferrous metals vary. Price of nickel futures falls, and lead and zinc futures rise a little. The trend of base metals may continue to be on the decline.

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