
Understanding the Market | Non-ferrous stocks collectively fell in early trading. Institutions say that the expectations for a rate cut in September are relatively sufficient, and metal price fluctuations may be amplified

Non-ferrous stocks collectively fell in early trading, with JIANGXI COPPER down 4.53% and CHALCO down 4.35%. Guotai Junan Securities pointed out that the U.S. August CPI met expectations, raising interest rate cut expectations, which may lead to increased volatility in metal prices. Although concerns about a recession have arisen due to a weakening job market, domestic and foreign policy support and the upcoming demand peak season may drive the performance of industrial metals. CITIC Securities believes that the prices of industrial metals are influenced by both financial and commodity attributes, and expects demand for copper and aluminum to improve
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