Cable raw materials (copper) weekly report (4.11-4.15)

1
.
The IMF lowered its global growth forecast, saying that the global economy has been weak for too long and that there is not much room for error for global economic policymakers.
The least favorable of the advanced economies is Japan, which is expected to grow to 0.
5% and believes that the Japanese economy will shrink by 0.
1%
next year.
At the same time, due to strong domestic demand, China's economic growth forecast
for this year and next has been raised.

2.
China's exports improved sharply in March, not only for the first time in nine months, but also at an impressive
rate.
The decline in imports continued to narrow
after narrowing last month.
In dollar terms, China's exports surged 11.
5 percent year-on-year in March, compared with a 25.
4 percent drop last month.
Imports fell 7.
6% year-on-year in March, down
from February's 13.
8% decline.

3.
According to the data of the think tank center of the E-House Research Institute, after Shanghai's "3.
25 New Deal", Shanghai's property market transactions cooled down significantly, volume and price fell together, the transaction area fell by 56%, and the average transaction price fell by 4%.

On March 25 this year, the Shanghai Municipal Government issued a new policy
on property purchase restrictions.
Shanghai surpassed Beijing to become the city with the strictest purchase restrictions in the country
.

4.
U.
S.
retail sales unexpectedly fell 0.
3% month-on-month in March, raising concerns about whether consumer spending has lost momentum
.
Retail sales were unexpectedly subdued in March, mainly due to
the biggest monthly decline in auto sales in a year.
Declining sales at clothing stores, internet companies and restaurants also weighed on the overall data performance
.

5.
The latest release of the US CPI data for March was less than expected across the board, the pressure on the Fed to raise interest rates this month was further reduced, and the dollar fell
after the data.
Yellen recently said that inflation expectations are becoming increasingly unclear and that it is appropriate for the Fed to cautiously raise interest rates
.
At the same time, the "first application" data released updated a 43-year low
.