July 19 Shanghai copper noon review

Last night, the overall performance of the internal and external market was a trend of rushing high and falling, the outer disk rushed up to the 6,000 US dollars / ton mark, Shanghai copper rushed up to a high of 47,000 yuan / ton and then fell slightly back to around 46850 yuan / ton, the bears actively closed their positions, and the overall center of gravity moved
up slightly 。 Mainly because last night's comments by the President of the New York Federal Bank of the United States promoted interest rate cut expectations, last night the dollar fell below the 97 mark to a low of 96.
6, the macro level is currently affected by the Fed's remarks, the market has re-raised interest rate cut expectations, short-term positive copper price trends, European economic data performance has enhanced the confidence of European economic recovery, while the situation of the British hard Brexit has eased, the pound rebounded, weakening the market's preference
for a safe-haven dollar.