Market Insight | CHINFMINING rises over 4%, leading the copper sector Powell's dovish remarks boost market sentiment Copper prices expected to enter a short-term period of strong fluctuations
I'm PortAI, I can summarize articles.
CHINFMINING rose more than 4%, leading the copper sector. Overnight, Federal Reserve Chairman Powell sent a dovish signal, hinting at a possible rate cut in September, boosting market sentiment. Shanghai copper and international copper saw strong gains, becoming the focus of the market. Taking into account macroeconomic and industry factors, copper prices are expected to enter a period of slight strength and volatility in the short term. While copper prices have retraced most of their gains, with both macroeconomic and demand improvements, copper prices may gradually stabilize and rebound in the future
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments