March 19 copper market morning review

On Wednesday, Shanghai copper fell to the limit after midday, and the main 2005 contract of Shanghai copper closed at 39960, and London copper continued to decline after midday
.
The domestic stock market turned green after recovering in early trading, while the collapse of stock index futures in various countries once again increased worries, and Shanghai copper was dragged down by the rapid release of market panic, and the market was closed for 19 minutes after midday
.

Overnight, the fourth circuit breaker of the US stock market this month, countries have closed their borders one after another, the global real economic pattern has been damaged by the epidemic, the short-term copper market has fallen into malaise, London copper may have a technical rebound within the day, but it is worth noting that yesterday's Shanghai copper fell to a certain extent after London copper still has a certain decline, it is expected that Shanghai copper will continue to make up for the decline
in the day.

The short-term global epidemic spread momentum may seriously affect the real economy, and it is difficult for monetary policy to support market confidence in the case of disruption of the global supply chain, and the impact of the epidemic will undoubtedly be more serious
for the United States, a major service industry.
As far as the current situation is concerned, Shanghai copper will remain weak until the dawn of the global epidemic, and the decline in copper prices after noon may be reflected in the spot market the next day, on the other hand, it should be noted that the European and American market sentiment will be released at night, pay attention to bring another round of volatility
to copper prices.