?Short of market sentiment recently, the trend of commodity market was dragged down by the sharp drop in crude oil and the continuous decline in US stocks. The uncertainty of the outcome of Sino US trade negotiations also weighed on investor confidence. Copper prices fell under pressure near 51111 yuan / ton. Although the market's expectations of domestic policies have been raised and copper stocks remain low, the global macro-economic situation is still unclear and the risk of copper price decline remains unresolved. In terms of US economic growth or slowing down, the short-term economy remains stable, and the probability of growth falling in the later period increases. The latest quarterly real GDP annualized by the U.S. Department of Commerce increased by 3.5% compared with the initial value, higher than the expected 3.3%. Although the employment data for 21 months is still strong, the U.S. labor office reported a 250000 increase in non-agricultural employment in 21 months, far higher than the expected 210000. The average hourly wage of employees in the private sector increased by 3.2% year-on-year, the first time since 2112, and the unemployment rate fell to 3.4%. The data remained at the lowest level in 43 years, but industrial activity showed signs of slowing down. The ISM manufacturing index in the United States in 21 was 54.4, again lower than the market expectation of 52. In addition, the results of the U.S. mid-term elections have laid a hidden danger for the economy. T神肖王三肖六码
he results show that although the Republican Party holds the majority of seats in the Senate, the Democratic Party has won control of the house of Representatives. With the Democratic Party's re control of the house of Representatives, it will probably limit Trump's continued infrastructure stimulus and a new round of tax cuts. In the absence of policy stimulus, the U.S. economy will grow faster. Slowing down.