American inflation data is released!
The United States October CPI rose 2.6%year -on -year, and the US dollar touched a year high
The US Department of Labor NovemberAccording to data released on the 13th, the US Consumer Price Index (CPI) increased by 0.2%from the previous October, and the increase was the same as that in September, which met the markets general expectations.
The data released on the same day showed that the US CPI in October rose 2.6%year -on -year, the increase slightly expanded from 2.4%in September, hit a three -month high, stopped the "six consecutive declines"EssenceAfter eliminating the price of large fluctuations, the core CPI increased by 0.3%month -on -month, an increase of 3.3%year -on -year, and the increase was the same as September, but the year -on -year increase was higher than the 2%long -term target set by the Fed.
After the data was released on the same day, the market is expected to continue to cut interest rates at 25 basis points at the December Monetary Policy Conference in December.
The end of the US dollar index rose 0.44%to 106.49, and the market touched a year high of 106.53.
Russian President and Saudi Crown Prince Said bilateral and international questions
According to CCTV News, on November 13, local time, the Kremlin released news that Russian President Putin was invited to speak with Saudi Arabias crown Prince Mohammed Bin Salman that day.The two sides are satisfied with the level of friendly and mutually beneficial relationships between Russia and Saudi Arabia, and expressed their willingness to continue to expand their political, trade, economic and humanistic sectors.
The two sides emphasize the importance of continuing close coordination in the "OPEC+" mechanism, pointing out that under the mechanism, the effectiveness and timely time of the measures taken to ensure the balance of the global energy market,sex.
In addition, the two sides also discussed the situation of Palestinian -Israel -Israel conflict, saying that Russia and Saudi Arabias principles in the Middle East issue are consistent.The two sides also exchanged views on the BRICS Summit in Kazan.
Trump nominated many important positions such as Secretary of State
According to CCTV News, local time 11On the 13th, the United States was elected President Trump nominated the Florida Republican senator Marco Rubio (Marco Rubio) for him as a candidate for the Secretary of State after he became the president.
On November 11, local time, the New York Times has quoted people familiar with the matter.Change the idea at a moment.According to reports, Trump also considered Rubio when he chose the vice presidential candidate.
In addition, Trump announced on the 13th that Tulsi Gabbard, a former Democratic member of the Democratic Parliament, was the national intelligence director of his president.Trump also nominated the Florida Republican Republican member Matt Gaetz, a candidate for the US judicial minister after he became president.
A previous day, Trump nominated several important officials after he became president.
Fox News Host won nominaOne of the nominations; Musk, who supports Trumps campaign to support Trump, will also be a leader in a new government department.
In addition, the key characters behind the White House "White House Legal Consultant" and other positions are selected.
The US dollar rose sharply, the colored sector bearing pressure
The overall color of the color metal this week is weak. AnalystsIt is believed that it is mainly affected by macro factors.
Specifically, Zhang Tianzhang, a non -ferrous metal researcher at the Hongye Futures Institute of Futures Financial Research Institute, said that the end of the US election last week, "Trump Trading" gradually became the main logic of the market.The United States may adopt expansion fiscal policies in the future. The market is generally expected that American inflation may come back, and the Federal Reserve ’s interest rate cuts may be greatly affected in the future.Although the Federal Reserve interest rate conference continued to cut interest rates by 25 basis points last week, the statement was deleted in the statement that it would be optimistic about future inflation.In the circumstances of December and 2025, the Federal Reserve had interest rate cuts, the US dollar rose continuously, the market was generally under pressure, and the color metal was weakened as a whole.
"Trump Trading or a continuation of a period of time." Chen Xiyi, the leader of the new energy group of the large futures in the product, said that the so -called "Trump transaction" can be summarized as strong as strongThe US dollar, high inflation expectations, and improvement of traditional energy supply.Trumps policy propositions on internal tax cuts, increasing tariffs and control of immigration can lead to inflation up.Judging from the current US economic data, it has gradually taken the road to recovery. It is expected that the short -term US dollar is still strong, and the price of non -colored metals in the outer disk is under pressure.
Sun Weidong, chief analyst of the Nonferrous Color Research Institute of Dongzhi Devices Research Institute, said that recently the non -ferrous sector has mainly followed the macro -surface fluctuations, Trumps high tariffs and other policies have aroused market concerns, and the US dollar index has greatly upward upward., A large suppression of the colored sector.Overseas funds are more pessimistic about Trumps transactions, and LME metal panic is mostly thrown.The attitude of the domestic capital is relatively optimistic, and it is more inclined to identify with the recreation and re -investment logic in the middle period. Many funds are willing to intervene in the bottom.
In the color sector, the tin has the most obvious decline.Zhang Tianzheng believes that in addition to macro factors, tin prices have also had some fundamental reasons.First, Myanmars tin ore may be resumed. Myanmar is currently the third largest resource production place in the world and is also the largest source of imports of tin mines in my country. Under uncertain supply, the market is cautious about tin price.Second, the current tin price is still relatively high.Looking forward to the market outlook, the supply and demand relationship of tin has not yet changed significantly. Before the exact news of Myanmar ’s resumption of production, the downward space for tin price is limited.
Chen salary Yi introduced that in addition to being suppressed by the strong dollar, it is also expected to rise by the re-production of Burma in Burma, and Indonesia or Indonesia orThe impact of a large amount of tiny message.It is expected that the growth rate of the consumer side is difficult to catch up with the growth rate of the supply side, and the fundamentals of the fundamental aspects will be under great pressure on tin valence.
The weak pattern of the color sector or the continuation
In the case where the color metal is generally weakened this week,The lead price is "a single show", which has continued to rise and breaks through the early shock range.Zhang Tianyi said that the strong lead price is mainly affected by environmental protection.Recently, the lead spot market has limited supply.In terms of supply, due to the frequent release of haze warnings in Henan and other places, the transportation time of the factory is prolonged, and the shipping time of the factories has decreased.Under the uncertainty caused by environmental protection factors, the lead price trend is strong.At present, lead inventory is still rising slightly, and downstream demand is relatively stable. From the perspective of the market outlook, lead prices may continue to be disturbed by policy factors.
Sun Weidong introduced that the recent contradictions between the lead fundamentals are more prominent.At present, the native end is tight, and the exquisite waste price difference is hung down, and the attractiveness of the relative recycled lead of the native lead is increased.Under the warning of heavy pollution weather in some areas, transportation and shipping are limited.The contradiction between the regeneration end is still fermenting, the amount of the waste batteries is stable, and the speed of the ingredients on the refineries will slow down. The subsequent waste batteries will report to the off -season.In terms of demand, the new battery consumption is mainly concentrated in the automotive field, and the replacement of consumption is mainly based on seasonal marginal improvement.
For the tight raw material side, Chen salary Yi introduced that except for the seasonal discontinued production of Inner Mongolia mines, the mines that were discontinued in the early stage were not seen.To relieve, there is an inverted viaer in exquisite waste.Both native and regenerative smelting side are affected by environmental protection, the lead supply is stronger, and the consumer end maintains relatively stable.
From the perspective of the non -colored sector, Chen Xiyi said that it is necessary to pay attention to the impact of Trump on stage on the stage.The Fed may be more cautious about cutting interest rate cuts by the end of the year, leaving enough room for the rate cut next year.
Looking for the market outlook, Zhang Tianxuan believes that the short -term profit is endless. Under macro pressure, the weak pattern of the colored sector may continue.The market market needs to focus on the Feds attitude towards interest rate cuts and whether the domestic policy is gradually landing, and whether the downstream demand side can continue to improve.
"The focus of the market that needs to pay attention to is macro -faced disturbances and short -term replenishment." Sun Weidong said that the recently released macroeconomic data released by the United States may guide the Feds subsequent interest rate cut.In the basic aspect, after the off -season of consumption is coming, it is necessary to focus on the replenishment of the downstream after the decline in the price of non -ferrous metals.
This article comes from: Futures Daily
