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2019-05-14
Easing, first of all, the Fed's interest rate cut expectations failed to cause the dollar counterattack or the direct cause of the sharp decline in the price of copper and other non-ferrous metals, as the dollar remained strong, to the formation of a more relaxed stimulus policy, in the inventory rise, the negative impact of bad news instantly formed a sell-off tide, causing copper prices to fall. However, the latest news shows that the US economic data is acceptable, and the Fed's monetary policy that the Fed will not cut interest rates has also been digested by the market. Secondly, the expectation that demand in Europe and China may decline is also a factor leading to the weakening of copper prices. In view of the possible improvement of Chinese demand, the overall position of copper is still relatively light. In addition, the European economy
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