June 15 London Copper Afternoon Review

The U.
S.
index hit a 20-year high and put pressure on color, due to high inflation in the United States, the market's expectations of a sharp interest rate hike by the Federal Reserve continued to heat up, making investors feel pins and needles, intensifying concerns about the outlook for the U.
S.
economy, thereby boosting the dollar index to continue to be strong, overnight London copper shock declined, the latest closing quotation of 9147 US dollars / ton, closed down 177 US dollars, down 1.
90%, the volume of 14795 hands decreased 3715 lots, the position of 233,000 hands decreased 2197 lots
.
In the evening, the Shanghai copper shock weakened, and the latest closing price of the main monthly 2207 contract was 70920 yuan / ton, down 470 yuan, or 0.
66%.

The London Metal Exchange (LME) reported 119875 metric tons of London copper on June 14, an increase of 1,900 metric tons, or 1.
61%,
from the previous trading day.