February 14 Shanghai copper brief commentary

In terms of news, the US consumer price index CPI rose higher than expected in January, the market's expectations of the Fed's active fight against inflation strengthened, and the US dollar index rose slightly; At the same time, geopolitical tensions between Russia and Ukraine continue to ferment, triggering market risk aversion
.

The spread of the geopolitical pattern, the fermentation of Russia and Ukraine time triggered market risk aversion, raised the US dollar index to suppress the decline in copper prices, on the other hand, the impact of low inventories weakened, hitting the short-term bullish confidence of market investors, short-term Shanghai copper or falling into the finishing market, pay attention to the night Shanghai copper continued weakness There is a possibility
of a second bottom.
Pay attention to the support effect
around 71,000.
Operational loaders maintain a fast-forward and fast-out concept and maintain low inventory circulation
until the end of the month.