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Overnight, London copper opened at $5599/ton
.
During the Asian session, London copper slowly down, hovering at 5565 US dollars / ton at noon, entering the European session, London copper fell to 5508.
5 US dollars / ton, after the short-term touch, the intraday return to test the daily average was unsuccessful, still under pressure, the evening low recorded 5485 US dollars / ton, with the release of last week's jobless claims data and the Philadelphia Fed manufacturing index are better than expected, the dollar and London copper rebounded to the opening price in sync, closing at 5583 US dollars / ton, down 28.
5 US dollars
。
In terms of news, due to the continued fermentation of Trump's Russia-related incident, the European and American capital markets continued to weaken
overnight.
At the same time, Brazil's president was mired in a bribery scandal, and the plunge in the Brazilian market dragged down emerging markets
.
However, China's real estate data released yesterday shows that China's real estate market is still prosperous
.
The dollar rebounded sharply overnight, and non-ferrous metals rebounded after a sharp decline, closing out the long lower lead, and today London copper opened high, and the trend was basically stable
.
Overnight London copper first suppressed and then rose, intraday by the United States political risk factors dragged down London copper broke down, the low level straight to the lower track, the end of the day due to leakage door concerns cooling, the US Treasury Secretary also issued hawkish remarks, for London copper to provide support, but because the upper average is always difficult to break through, it is expected to operate in the intraday range of 5560 ~ 5600 US dollars / ton
.
