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Today's Shanghai copper fluctuated to the upside, closing at the end of the day Shanghai copper main 2103 contract closed at 58210, up 580, or 1.
01%.
U.
S.
jobless claims fell for the third week in a row, and the market was optimistic about the outlook for the U.
S.
economy, with most non-ferrous metals flying red
during the day.
At the macro level, U.
S.
jobless claims fell last week from the previous week, and markets awaited the next move
in the new U.
S.
fiscal stimulus package.
The 10-year Treasury yield rose to 1.
14%, and capital markets were more optimistic
about the outlook for the US economy.
Last night, the three major US stock indexes all closed up more than 1%, international oil prices rose collectively, and the dollar index rebounded to a two-month high
.
After the holiday, domestic demand returned, and the support below copper prices was strong, and the range operation
was maintained a few years ago.
It is expected to be strong and stable operation at night, the main reference range: 5.
8-58,800, operationally it is recommended that the merchants sell high and low absorption, cautiously hold more wait-and-see, and the downstream just needs to stock
.
