Brief review of Shanghai copper on February 15

On the macro front, the Fed's interest rate hike in March and the progress of the geopolitical situation in Russia and Ukraine have become the focus
of market attention.
Bullard, the president of the St.
Louis Fed, reiterated on Monday that "the planned drawdown easing plan will be arranged in advance" to fight inflation, and the Kansas City Fed president also said that he would support the Fed selling assets directly, rather than waiting for the bonds to automatically mature
.
Diplomatic efforts by Western leaders and Russian President Vladimir Putin over the weekend failed to break through, with U.
S.
stock index futures, U.
S.
Treasury yields and international stock markets falling
on the possibility of impending war.
But then Putin supported continued talks with the West, and market panic eased
.

The turbulent situation in Ukraine and Russia, the rebound of the US index suppressed non-ferrous metal prices, and the soaring energy prices accelerated the central bank's interest rate hike schedule
on the other hand.
After the last round of low inventories aroused investor enthusiasm, the transfer of market confidence led to the news to stimulate copper prices with limited momentum, it is expected that the recent Shanghai copper decline after maintaining a range shock market, Shanghai copper main range of 7.
05-71,000 around, sorting space is small, the market is limited
.
Operationally, when the follow-up bullish momentum is not strong and there is still some support, maintain daily trading
.