December 18 London Morning Review

On the news, U.
S.
data on Friday was better than expected, with 228,000 new U.
S.
non-farm payrolls in November, higher than market expectations, unemployment at 4.
1%, and expectations of interest rate hikes in December continuing to increase
.
U.
S.
stocks rose, remained at record highs, Trump's new tax cut policy landed, and announced that he would soon launch an infrastructure plan, and stock market confidence maintained
.

The sharp rise in domestic and foreign metals at the same time is more due to the renewed support for tax reform by two tax reform senators, which provides assistance to the smooth progress of the subsequent government's increase in infrastructure investment, which is good for base metals
.
The inventory in the previous period fell by more than 10,000 hands last week, which shows that the downstream stable replenishment force after the market declined, and the spot formed support
.
On the plate, London copper broke to the upside, completely got rid of the long black column of the previous day, and then paid attention to whether the inventory has a trend
of recovery.
It is expected to maintain a strong trend in the short term, and it is expected that today's London copper range is 6870~6920 US dollars / ton
.