Last week the dollar index fell down, and Greece and other assistance programs make progress under the stimulation of good news, commodity market rose more or less. Reflects the overall trend of commodity markets RJ / CRB index gained 0.47 percent one week. This week the market's focus will be the U.S. debt problem.
Last week, aluminum, zinc all rose
Last week, the strong performance of international oil prices, which the New York Mercantile Exchange (NYMEX) 9-month crude futures last week after four consecutive trading days up,
fine chemicals suppliers, a week has risen 2.33% in intraday trading on Friday to $ 100.19 / barrel for nearly a month since the highest level.
Continuous non-ferrous metals futures rose early after the after the high and volatile last week, the London Metal Exchange (LME) copper one week in March up 0.03% to close at $ 9,675 / ton; aluminum,
CAS 12018-10-9, zinc and two varieties of strong performance in March period aluminum one week rose 3.81%, zinc rose 5.81% in March. Chicago Board of Trade (CBOT) futures for agricultural products is mixed, but the magnitude is not large.
This week the market's focus will be American debt problems, "mainly affecting commodity markets the three major regions of China, the United States, Europe, China in the short term policy vacuum, with Greek assistance programs make progress, the debt crisis in Europe temporary signs of stabilization. "Luo said that China International Futures analyst. Although the news came over the weekend, the U.S. debt ceiling breakdown of the talks if the United States to default on the financial markets even more than in 2008 to combat the financial crisis, but investors still believe the market ultimately U.S. debt ceiling will only be a matter of time .
America can not afford the consequences of default
Luo said that although the U.S. debt ceiling during the weekend talks broke down in the market by surprise, but the U.S. can not afford the consequences of debt default, and ultimately there will be a reasonable solution to solve this problem, the short-term U.S. dollar index will continue downward This will form a good commodity markets. The dollar index of non-ferrous metals boost will be weakened, but the recent emergence of non-ferrous metals also turns up signs of early copper led, followed by the strong performance of zinc,
Copper ChromiteCC , aluminum price outlook is expected to be something. Source: www.mhcfm.com
