SunSirs: LME Lead Fell 0.65% at Night
March 06 2020 08:53:00 SunSirs (Linda)
On March 4, the lead commodity index was 88.02, down 0.23 points from yesterday, 34.32% from 134.01 (November 29, 2016), and 17.94% higher than 74.63, the lowest point on March 19, 2015. (Note: cycle refers to September 1, 2011 to now).
On March 4, the U.S. dollar stopped falling and rebounded. The U.S. dollar index rose 0.43% at one time, refreshing to 97.60. On Wednesday, the three major U.S. stock indexes rose sharply, while the Dow rose nearly 1200 points. By the end of the day, the Dow was up 4.53%, the Nasdaq was up 3.85%, and the S & P 500 was up 4.22%. Major European indexes ended higher, with the FTSE 100 up 1.45%, Germany's DAX up 1.19% and France's CAC40 up 1.33% by the end of the day. In Asia, South Korea's Seoul composite index rose 2.24% to 2,059.33 on Wednesday. Japan shares closed higher on Wednesday; the Nikkei 225 index rose 0.10% to 21,104.60. In terms of international oil prices, by the end of the day, WTI crude oil futures fell 0.40 USD, or 0.85%, to 46.78 USD/barrel. Brent crude oil futures fell 0.73 USD, or 1.41%, to 51.13 USD/ barre. Most of the metals in LME market fell, with LME tin up 1.53%, LME zinc down 0.05%, LME nickel down 0.04%, LME aluminum down 0.26%, LME lead down 0.65%, LME copper up 0.62%, most of the domestic metals floating green, the thread up 1.64%, Shanghai copper down 0.75%, Shanghai aluminum down 0.67%, Shanghai lead down 0.86%, Shanghai zinc down 1.2%, Shanghai nickel down 0.06%, Shanghai tin up 0.58%, stainless steel down 0.75%.
The trend of LME lead: LME lead concussion went down, down 0.65% to close at 1,824, with each average line forming a repression, short-term rebound was weak, in the day or around 1,820 concussion.
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