Fujian Minjiang Commodity Trading Center

Fujian Minjiang Bulk Commodity Trading Center investment hotline, real-time market analysis, all market breakthroughs, professional investment solutions, accurate online orders, sincerely recruiting personal agents, company agents, Wednesday gold futures closed up. USD, or .%, It was quoted at .USD/oz, closing higher for the second consecutive trading day.

Futures

On Wednesday, monthly silver futures closed up cents, or .%, at $.USD/ounce, marking the second consecutive day of gains.

London base metals rose across the board on Wednesday, with zinc futures closing up .% at US$/ton. Copper futures closed up .% at US$/ton. Nickel futures closed up .% at US$/ton. Tin futures closed up .%, quoted at US$/ton. Aluminum futures closed up .% at US$/ton. Lead futures closed up .% at US$/ton.

Domestic commodity futures closed down across the board in the night trading on Wednesday, with coke, coking coal, and thermal coal closing down .%, .%, and .% respectively, and iron ore closing down .%. Soybeans closed flat, soybean meal and rapeseed meal closed down .% and .% respectively.

Bonds

The bond market continues to be hot. On Wednesday, China's 1-year government bond yield fell below the .% mark, continuing to hit a half-year low and the main contract for 1-year government bond futures. Both hit record highs during the session. Guotai Junan believes that the next target for interest rates is to break through the historical bottom of .%.

The Financial Times, in charge of the central bank, stated in an article that streamlining administration, delegating power, and improving management are coordinated, and policies related to the interbank lending market are quietly advancing. Industry insiders said that relevant departments will further strengthen the in-process and ex-post supervision of inter-bank lending transactions and improve the management rules of the inter-bank lending market.

Reuters China Development Bank is considering launching a replacement operation for bonds issued in the inter-bank bond market. The bond replacement tender will replace sub-new bonds with new bonds. This move is only for underwriters to bid for the issuance of replacement coupons, and at the same time exchange the replaced coupons from the underwriters, that is, the exchange of coupons for bidding. However, there is currently no specific timetable for the launch.

S&P reported that U.S. companies are overburdened with debt and their vulnerability to default or downgrade is comparable to that on the eve of the 2006 financial crisis. Driven by the attraction of low interest rates and falling profit margins, excluding the financial sector, U.S. corporate leverage has reached its highest level in the past decade.