US dollar declines as crude oil drops over 5%
after close1 source ↓written by the desknot a recommendation
- rise in SHFE
- 5.01%
- increase in LME
- 9.01%
- LME copper gained
- 2.22%
- prices dropped
- 5%
- and silver
- 2.95%
Overnight, the US dollar fell, contributing to a 5.01% rise in SHFE tin and a 9.01% increase in LME tin. LME copper gained 2.22%, while crude oil prices dropped over 5%. Mixed performance was observed in metals, with precious metals like COMEX gold rising 2.95% and silver 5.77%.
• LME aluminum fell 1.02%
• SHFE nickel dropped 2.68%
• Coking coal decreased 0.92%
Market sentiment remains cautious as traders assess the implications of these movements.
Not investment advice. For informational purposes only.