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Latest Breaking News On - July policy - Page 1 : comparemela.com

Expectations of Further Interest Rate Hikes Increase, LME Zinc Is Slightly Under Pressure_SMM

The U.S. added 209,000 non-farm payrolls after seasonal adjustment in June, lower than the expected 225,000, the smallest increase since December 2020. The Fed swap slightly reduces the chances of the Fed raising interest rates for the second time this year (again); Chicago Fed President Goolsbee said that it can raise interest rates 1-2 times this year, and has not yet decided what rate the Fed should adopt in July Policy, still hope to see inflation data before making a decision;

SMM Morning Comment For SHFE And LME Base Metals (July 10)_SMM | Shanghai Non ferrous Metals

On Friday night copper opened at $8318 / ton, the beginning of the day briefly lower to reach the bottom at $8286 / ton, and then on the way up towards the end of the day to touch higher than $8380 / ton, the end of the day horizontal finishing finally closed at $8366.5 / ton.

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