Tin tin review: interest rates expected to drive the market risk aversion Shanghai disadvantaged consolidation
【 The futures market 】 Concern about the federal reserve to raise interest rates earlier than expected to push the market risk aversion, overnight metal international general weakness, Aaron tin low open low, closed down 0. Falling 71% to $18750, $135; Volume 203, 19713 holdings of an increase of 144 hands. Today Shanghai tin low 1701 contract main month opening 124510 yuan fell 230 yuan; 9:30 p. m. the latest price down to 124070 yuan, 670 yuan; Non-agricultural data before markets wait-and-see sentiment strong, days after the Shanghai tin or maintain weak consolidation.
London metal exchange ( LME） 30 tin the latest inventory of 4485 metric tons, the previous trading day inventory to reduce 45 metric tons.
（ sn. ） Expected: late wait for ADP private sector jobs data, the data will further prove that labor market conditions remain strong. Economists generally expected ADP will release employment increase in August 17. In July 50000, slightly less than 17. 90000 people. Short-term market sentiment, investors would focus on U. S. non-farm payrolls data released on Friday night, will in order to develop more clues about the pace of rate hikes. Today Shanghai tin weak turbulence, tin material is down slightly.