Gansu Xirui bulk financial e-commerce

Gansu Xirui Precious Metals Recruitment Agents at All Levels Phone Number Gansu Xirui Precious Metal Silver Agent Gansu Xirui Precious Metal Silver Investment Promotion Gansu Xirui Precious Metal Silver Account Opening Gansu Xirui Precious Metal Silver Advantages Gansu Xirui Precious Metal Silver Company Agent Gansu Xirui Precious Metal Silver Both crude oil and copper can be operated, with high rebates, daily rebates, sincere service, win-win cooperation, long-term stability and security. Welcome to join us
In terms of utility, spot is a non-profit asset, and the utility of spot is quite limited. Without spot prices, the world would still function, but crude oil is different. Energy is a key input in promoting economic growth. In today's world development process, given the status of manufacturing, transportation and technology in the economy, without energy, economic development will be seriously hindered. From a supply perspective, unlike spot prices, the response of supply growth to rising oil prices is quite limited. Moreover, global oil resources are limited, and demand continues to exceed supply. This situation is not expected to change in the foreseeable future.
However, there is also a point of view that challenges this statement. Many people believe that it is caused by speculation in the crude oil market. However, judging from the position report of the U.S. Futures Trading Commission, there is also huge speculation in the spot market.
At present, net long non-commercial futures positions in the market account for total positions, while net long non-commercial positions in crude oil futures only account for total positions. From this perspective, the role of speculation in the crude oil futures market seems to be limited.
Last week’s surge in oil prices also put pressure on the U.S. dollar. Concerns about inflation continue. As the U.S. housing market has begun to show signs of slow recovery, the Federal Reserve does not rule out raising interest rates this year to curb inflation. Therefore, although the U.S. dollar The short-term rebound momentum may be restrained to some extent, but the possibility of a slow upward trend in the medium to long term cannot be ruled out.
Nickel futures on the Metal Exchange fell back from their three-week high on Friday after the market scaled back expectations for supply disruptions in Australia, while lead futures hit their 16-month low and three-month copper futures closed higher. , was quoted at US$1,000 per ton, up from US$1,000 on Thursday, as the market awaited clues on future demand from China and the United States, the two largest consumers. The price of nickel hit US$1,000 per ton during the session, the highest in August, and finally closed at US$1,000 per ton, which was lower than Thursday's closing price. Nickel futures rose on Thursday because BHP Billiton said it would close its plant with an annual output of 10,000 tons of nickel for four months for maintenance, which is expected to affect nickel sales of 10,000 tons. However, news that BHP Billiton originally hoped to export more concentrated nickel to other processing plants in the next four months dampened sentiment in the nickel market on Friday. Rising lead inventories, which have increased by about 1,000 tons since the beginning of the year, have put pressure on lead futures, but analysts said the selling was overdone. Copper has also come under pressure recently as the dollar strengthened and concerns over whether China, which has tightened monetary policy recently, will be able to offset slowing demand in the United States as housing and construction shrink.