The short-term rally of industrial products is strong, and Shanghai aluminum is mainly sideways

News side: 1.
Fed Vice Chairman Fischer: The effect of negative interest rates is somewhat better than expected
.
The measures taken
by other central banks will be observed.
We don't know if we will be able to use negative interest rates
in the United States.
Hopefully
, we won't get to the point where we need to use negative interest rates.
We haven't gone that far
in inflation.
Inflation will rise
as oil prices and the dollar stabilize.
The U.
S.
unemployment rate is "near full employment.
"
The neutral rate will remain low in the "policy-related future
.
" Central banks with real-time zero interest rate policies still have QE and many other tools
.

2.
China's foreign exchange reserves in February were $3,202.
3 billion, compared with an expected $3,190 billion and a previous value of $3,230.
9 billion
.
China's foreign exchange reserves fell by $28.
6 billion in February from the previous month, compared with an expected decline of $40.
9 billion and a decline of $99.
4 billion in the previous month.

3.
At the opening of Monday night, affected by the news that international iron ore prices jumped 19%, the largest intraday increase since records began in 2009, black series up limit open, hot coil, thread, coke, iron ore directly up limit
.

Today's aluminum price analysis: In the short term, the rally of industrial products is strong driven by the continuous rise and limit of the black series, but the chemical/base metals have different degrees of upward downward pressure
.
Lun aluminum impact 1600, Shanghai aluminum sideways oscillation.

Today's aluminum price is not much changed, just for reference
.