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  • SMM Evening Comments (Jun 24): Shanghai nonferrous metals ended mixed as investors digested Fed comments, data

SMM Evening Comments (Jun 24): Shanghai nonferrous metals ended mixed as investors digested Fed comments, data

SHANGHAI, Jun 24 (SMM) – SHFE nonferrous metals closed mixed on Thursday June 24 as global investors digested comments from US Federal Reserve officials and looked ahead to various data…

Macro Roundup (Jun 24) Metal Markets Reports Updates

SHANGHAI, Jun 24 (SMM) —This is a roundup of global macroeconomic news last night and what is expected today. The dollar ended higher on Wednesday as two Federal Reserve officials…

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

SHANGHAI, Jun 24 (SMM) — Shanghai base metals all went up on Wednesday night as the US June Markit PMI for manufacturing industry registered 62.6. LME base metals all rose…

Macro Roundup (Jun 23) Metal Markets Reports Updates

SHANGHAI, Jun 23 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today. The dollar paused for breath on Tuesday as traders looked…

SMM Morning Comments (Jun 23): Shanghai base metals mostly rose after Fed chair’s hawkish statement

SHANGHAI, Jun 23 (SMM) —Shanghai base metals basically cruised higher in the overnight trading as Fed chair Jerome Powell made hawkish statement to appease the inflation concerns. Meanwhile, LME metals…

Macro Roundup (Jun 22) Metal Markets Reports Update

The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear…

SMM Morning Comments (Jun 22): Shanghai base metals rose across the board following overnight Dow bounce

SHANGHAI, Jun 22 (SMM) — Shanghai base metals all cruised higher on Tuesday morning following big gains overnight for the Dow Jones Industrial Average on Wall Street. Meanwhile, their counterparts…

Macro Roundup (Jun 21) Metal Markets Reports Update

SHANGHAI, Jun 21 (SMM) — This is a roundup of global macroeconomic news last Friday and what is expected today. The dollar extended its advance against a basket of currencies…

SMM Morning Comments (Jun 21): Base metals closed mixed amid rising inflation and US dollar

SHANGHAI, Jun 21 (SMM) — LME base metals closed mixed in the overnight trading last Friday, as the expanding inflation and rising US dollar weighed on the market, but short…

Macro Roundup (Jun 18) Metal Markets Reports Updates

SHANGHAI, Jun 18 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today. The dollar jumped on Thursday and hit a two-month high…