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Calculated Risk: Schedule for Week of July 11, 2021
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Shanghai base metals set for a mixed start on Tuesday morning, while their counterparts on the LME fell for the most part, as the US dollar fell slightly overnight.
SHANGHAI, May 25 (SMM) Shanghai base metals set for a mixed start on Tuesday morning, while their counterparts on the LME fell for the most part, as the US dollar fell slightly overnight.
Shanghai base metals closed broadly higher in overnight trading. Copper added 0.68%, nickel rose 1.79% and tin increased 1.37%, while zinc edged down 0.04% and lead dropped 1.64%.
The LME complex closed mixed on Monday. Copper advanced 0.83%, aluminium gained 0.44% and nickel surged 2.42%, while zinc shed 0.59%, lead slumped 2.6% and tin slid 0.15%.
SHFE nonferrous metals broadly fell on Monday May 24 as investors continued to focus on inflation concerns.
SHANGHAI, May 24 (SMM) – SHFE nonferrous metals broadly fell on Monday May 24 as investors continued to focus on inflation concerns.
Aluminium led the losses and slumped 3.52%, copper slipped 1.36%, nickel eased 1.82%, zinc lost 1.05%, tin went down 1.41% and lead decreased 1.7%.
The ferrous complex fell across the board. Hot-rolled coil went down 3.9%, iron ore shed 5.21%, and rebar fell 3.57%.
Copper: The most-traded SHFE 2107 copper contract finished the day 1.36% lower at 71,640 yuan/mt. Open interest rose 5,166 lots to 132,000 lots.
In the Ut, the PMI of service industry and manufacturing industry reached a new record high in May, the economic recovery was still strong, and the US dollar index went up. A number of state Federal Reserve presidents all voiced the adjustment of easing policy, and the discussion on the contraction of bond purchase program sooner rather
A Peek Into The Markets: US Stock Futures Signal Higher Start On Wall Street; Crude Oil Rises
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AE, MLO, Ops Jobs; Mixed-use, Fulfillment, Non-Agency Products; Events and Training May 24 2021, 8:15AM
What is your, and your company’s, value proposition? Lenders must be vigilant, which means paying attention to trends, big and small. For example, on the large scale, more and more analysts are talking about talking about the Federal Reserve tapering off on its asset purchases, given the potential expanding U.S. economy. It seems that only the Fed is hesitant talking about it! But at some point, it is believed that the Fed will acknowledge the situation, and some of the emergency actions taken a year ago will begin to be removed. On a small scale, while some have been fretting about Amazon entering residential lending for years, how about watching those actually impacting their business? For example, “millennial and Gen-Z-focused” home buying platform Lower, announced the launch of its mobile app and new FDIC-insured deposit account, “HomeFund.
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