SunSirs: LME Lead Fell 1.46% at Night
February 27 2020 13:33:45 SunSirs (Linda)
On February 26, the lead commodity index was 88.09, up 0.15 points from yesterday, down 34.27% from 134.01 (November 29, 2016), and up 18.04% from 74.63, the lowest point on March 19, 2015. (Note: cycle refers to September 9, 2011-09-01).
On the 26th, the U.S. dollar index recovered slightly, recovering 99 points, closing at 99.116, or 0.14%; U.S. stocks: the Dow fell 123.77 points, or 0.46%, to 26,957.59 points, which was lower than 27,000; the NASDAQ rose 15.16 points, or 0.17%, to 8,980.77 points; the S&P 500 index fell 11.82 points, or 0.38%, to 3,116.39 points; European stocks: Britain's FTSE 100 index rose 24.59 points, or 0.35%, to 7,042.47; France's CAC40 index rose 4.87 points, or 0.09%, to 5,684.55; Germany's DAX index fell 15.61 points, or 0.12%, to 12,774.88; international oil prices fell for four consecutive sessions, WTI April Crude oil futures fell $1.17, or 2.34%, to $48.73 per barrel, while Brent crude oil futures fell $1.52, or 2.77%, to $53.43 per barrel. Affected by this, LME metal generally fell, with LME lead down nearly 1.5%, copper and nickel down nearly 0.3%, tin down nearly 0.2%, aluminum flat, zinc only up nearly 0.3%; domestic metal also decreased mainly, stainless steel down nearly 2.5%, Shanghai nickel down nearly 2%, thread down nearly 1.2%, Shanghai copper down nearly 0.7%, Shanghai zinc and Shanghai tin down nearly 0.6%, Shanghai aluminum down nearly 0.3%, Shanghai lead flat.
The trend of LME lead: the overnight LME lead opened at 1,850 USD/ton, the non-ferrous metals in Asia weakened as a whole, it declined, and the European period continued to weaken to 1,812.5 USD/ton, finally to 1,823 USD/ton, down 1.46%.
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