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Tin review: waiting for non-agricultural data market sentiment

by:Deyuan      2020-12-23
【 Abstract 】 Dollar continued to be high on the commodity market buying, night Shanghai tin fell slightly low consolidation; Light the current news, the market waiting for payroll data on Friday, tin or continue today Shanghai consolidation trend, material is tin dipped.

【 The futures market 】 Yellen speaking last week have strengthened expectations the fed will raise interest rates in the near future, the dollar continued to be high, the commodity market sentiment, cautious, late night Shanghai tin plate of low consolidation, the first months of 1701 fell 70 yuan to 124800 yuan/ton; Today Shanghai tin on main 1701 contract opened 124980 yuan rise 110 yuan; 9:30 p. m. the latest price 50 yuan fell to 124820 yuan; Days Shanghai tin or weak consolidation.

London metal exchange ( LME) 29 on the British summer bank holiday day

( sn. ) Expected: the federal reserve to raise interest rates expected back in September, strong, short-term dollar index on Friday, the United States on August non-farm data before market sentiment, today Shanghai tin or pressure oscillation, reduce small spot tin is expected today.
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