Copper review: loose monetary policy the dollar prices or vibration
Abstract: the fed meeting as investors locked in profits, the results of late copper disadvantaged consolidation fell $14;
The federal reserve to maintain loose policy or the dollar, strong today Shanghai copper movements, material copper edged up now.
today's copper price analysis and forecast: a.
in the international market investors before the fed meeting resolution results in profits, evening copper weak consolidation, closed down $14, the latest closing price quote $4767, or 0.
Volume 10503, 335738 holdings of an increase of 5618 hands.
the London metal exchange, according to data released on September 21, copper inventories to reduce 150 mt to 347800 mt.
Cancel the LME copper warehouse inventory than for 14.
Domestic market 1610 contracts opened today Shanghai copper current month 37360 yuan, up 80 yuan, the territory of Shanghai copper 1610 contract price of 37440 yuan, up 160 yuan.
In copper announced after the close of the fed's monetary policy statement in September, said nine months on hold, in line with expectations, short-term dollar or disadvantaged consolidation pressure, the base metal is expected to get a boost, today in Shanghai is expected to strong shocks, is expected in this spot copper rose slightly.
hot financial information 1.
Beijing time at 2 a. m. on Thursday, the federal reserve announced on September the FOMC statement.
In September the fed on hold, in line with expectations, said to wait for more evidence.
But the federal reserve rate increase probability increase in points out, lattice figure shows years or raise interest rates again.
There are three members vote on this meeting, think the September should be raising interest rates, suggests that the fed very large internal divisions.
Premier li keqiang said in a speech at the United Nations general assembly on Wednesday, China will further open to promote economic development, because the experience said retreat policy will only lead to economic growth stagnated.
Li also pledged on Tuesday that China would not by depreciation means to promote China's economic development.