Base metal trend differentiation Shanghai aluminum rushed high and fell sideways

News side: 1, the new chairman of the Chicago Fed Evans: Global risks are rising, and the Fed has taken this into account in its expectations
.
If the data strengthens further, the Fed dot plot will be revised upwards and will raise interest rates more than 2 times
.
While the April meeting was still data-based, it would be a surprise
if action was taken in April.
Easing is still appropriate; Given the continued growth of the labor market, action is likely to take place in June, and the Fed has had a history
of raising interest rates during presidential elections.
The U.
S.
economy is on fairly sound footing, with the U.
S.
economy expected to grow 2% to 2.
5%
during the year.
The U.
S.
economy can afford to raise interest rates
twice during the year.
The FOMC's rate hikes at a "very shallow" pace are guaranteed, with two
rate hikes expected in 2016.
Worry about the risk
of a possible decline in inflation expectations.
It is too early
to tell whether the inflation data will hold.
The recent weakness in consumption data will be temporary
.
It is hoped that the Fed will not return to unconventional policy
.
Tighter financial conditions are an obstacle
to U.
S.
economic growth.
The balance of risks is skewed to the downside
.
Employment growth supports solid consumer spending
.

2.
The number of ADP employment in the United States in March was +200,000, +195,000 expected, and the previous value of +214,000 was revised to +205,000
.

Today's aluminum price analysis: short-term base metal trend differentiation, copper, nickel and tin continued to fall, Shanghai aluminum performance is strong, rushing back down sideways
.
Today's aluminum price is not much changed, just for reference
.