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SMM Evening Comments (May 26): Shanghai nonferrous metals closed mixed, tin gained 0 84%_SMM

Shanghai base metals closed mixed on Wednesday May 26. Copper shed 0.77%, aluminium dropped 0.65% and nickel edged down 0.02%, while zinc added 0.18%, lead advanced 0.55% and tin increased 0.84%. SHANGHAI, May 26 (SMM) – Shanghai base metals closed mixed on Wednesday May 26. Copper shed 0.77%, aluminium dropped 0.65% and nickel edged down 0.02%, while zinc added 0.18%, lead advanced 0.55% and tin increased 0.84%. Copper: The most-traded SHFE 2107 copper contract finished the day 0.77% lower at 71,780 yuan/mt, with open interest losing 365 lots to 129,000 lots. Home prices were 13.2% higher in March, compared with March 2020, according to the S&P CoreLogic Case-Shiller National Home Price Index. That’s up from the 12% annual gain in February, and it marks the 10th straight month of accelerating home prices. Several Republicans in the U.S. Senate planned to propose a $1 trillion infrastructure plan to the Biden administration on Thursday, but there was still a big gap with the W

Extreme Fear on Bitcoin Fear and Greed Index, Housing Demand Surges

The Bitcoin fear and greed index registered "extreme fear" Wednesday—but that could be a buying opportunity for gutsy investors, especially as the timid have sold into a falling market.

Treasury Yields Mixed as Fed Calms Inflation Concerns

Treasury Yields Mixed as Fed Calms Inflation Concerns
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