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Concentrated area at the news recently, copper or repeated movements - early assessment Liyuan copper market

Answers:1   |   LastAnswerAt:2011.06  

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lisa green 
Asked at 2011.06.07 01:16:01
Concentrated area at the news recently, copper or repeated movements - early assessment Liyuan copper market
answer Joanna wood  Answered at 2011.06.07 01:16:01
Concentrated area at the news recently, copper or repeated movements - Liyuan Copper & copper market opened yesterday morning immediately lower assessment, because news of no guidelines, then the U.S. foreign trade data released in May, the trade deficit unexpectedly expanded to 18 months the highest level, to 42.27 billion U.S. dollars. U.S. pressure, non-ferrous metals across the board began to rebound, Moody's downgrade of the Portuguese suddenly, but then the Greek public debt auction successful, the Jedi euro rebounded against the dollar, the euro hit a new high of 2 months, while U.S. stocks opened to benefit from earnings after the effect of effects of whole line, boosting risk appetite, metal products affected by this positive drive, across the board increases. But the recent news of frequent and copper market fundamentals are still worried about the market, short-term there may be repeated, shock movements. Concerned about the news of today and tomorrow, Europe will soon be published in the second quarter of China data. Successful reverse auction of Greek government bonds euro, Copper & Xianyihouyang yesterday, or 0.26%, subject to suppress the weak U.S. copper exports, copper short-term shocks to seek a breakthrough, temporary fence. U.S. May 3782.983 tons of copper cathode exports, decreased 59.8% compared with April, down 81.9%; imports decreased by 6% qoq, down 6.8%. The remarks represent the personal views, without any profit guarantee
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