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Overnight, the main 1708 contract of Shanghai copper opened at 46070 yuan / ton
.
At the beginning of the session, the daily moving average fell, the center of gravity fell, the low 45900 yuan / ton, with some long small test to increase positions, Shanghai copper back up, the high touched 46190 yuan / ton, the end of the long profit closed outflow, closed at 46070 yuan / ton, up 90 yuan / ton, the position increased 2192 hands to 200074 lots
.
Overnight, Shanghai copper rushed back down, 46200 yuan / ton of first-line pressure is large, intraday news is light, it is expected that Shanghai copper smooth operation at 45800 ~ 46150 yuan / ton
.
In terms of the market, as of 2017-6-22, the spot price of Shanghai Metal 1# copper is 45890 yuan / ton, up 480 yuan / ton from the previous day, and the premium of the near-month contract is 170 yuan / ton, Shanghai copper rebounds, the market first appeared next month's bill supply, and the current month's note price difference is not obvious, middlemen due to insufficient discounts, wait and see, downstream on-demand delivery, transaction activity decreased
compared with yesterday.
In terms of news, data released yesterday showed that the number of initial jobless claims in the United States for the week ending June 17 was 241,000, a slight increase from the previous value and expectations, but the labor market remained tight
.
The leading indicators of the US Chamber of Commerce in May were in line with expectations and better than the previous reading
.
Previously, the growth rate of national fixed asset investment from January to May was 0.
3 percentage points lower than that from January to April; the growth rate of national real estate development investment from January to May was 0.
5 percentage points lower than that from January to April; the growth rate of broad money (M2) was 0.
9 and 2.
2 percentage points lower than the end of last month and the same period of last year, respectively, and the financial deleveraging effect gradually appeared
.
Coupled with the previously released Caixin PMI and poor profit data of industrial companies, overall, the pressure of economic slowdown still exists
.