Day Trading Futures

Article by jekky

HC HVAC amp R Network Shanghai aluminum futures finished lower last week trading was moderate which opened main contract 1006 16 720 yuan ton up 16 815 yuan ton minimum 16 320 yuan ton to close at 16 560 yuan ton down 160 yuan or 0 96 The debt problems of the Greek and Chinese monetary tightening worries inhibited investment sentiment the market see mood incremental In addition if the demand outside of China continue to grow we will be likely to support the maintenance of high prices Macro level the European Central Bank Deputy Governor 26 euro zone leaders and the International Monetary Fund InternationalMonetaryFund Greek aid agreement reached in praise saying the debt problems worse if Greece the agreement will is the key to save the situation He said that the Greek salvage agreement of positive significance He said the agreement established a financial assistance mechanism Greece may be necessary use this program However he said taking into account its fiscal deficit to take the necessary measures to reduce the commitment and determination is expected to start the rescue package would not be expected to the dollar to suppress Fundamentals according to the 26th International Aluminium Institute International AluminumInstitute data released in February 2010 in the world aluminum inventories decreased 24 000 tons to 2 272 million tons down from January 39 s 2 296 million tons Aluminium inventories in February of this year compared with February 2009 39 s 2 932 million tons less 660 000 tons Domestic demand China in February Car Chain production and sales both fell while exports in February also fell 29 7 in the chain continued low domestic aluminum affected China 39 s auto output and sales volume in February less than in January China 39 s February production of 1 206 200 vehicles down 408 600 chain February sales of 1 211 500 vehicles down 452 700 chain Chinese auto sales in February with the poor performance of the Spring Festival holiday which leads to February aluminum automotive industry demand chain by 5 1 million tons about the domestic primary aluminum 2 3 9 monthly China auto exports in February are not optimistic In February 2010 China exported 26 500 vehicles reduce the 11 200 chain and international economic Environment Recovery hard on China 39 s auto export Although the exchange rate of RMB against the U S dollar remains stable but the U S dollar from December 2009 up continuously leading to RMB appreciation against other currencies in the actual state which also affect China 39 s auto exports Another result of several research institutions said the yuan against the dollar next year will rise about 3 which is no doubt that China 39 s auto export situation worse only hope lies in domestic consumption Hot topics CIHE amp HVAC2010 China Beijing International Exhibition topics HVAC Upcoming Events 2010 4 07 Day April 9 International Refrigeration Air conditioning Heating Ventilation and Food Canned buyers group exhibition 2010 5 28 Day 29 May 2010 in Guangzhou China heat pump solar Fair Heavenly respect into the Top 20 of 30 votes to take your car to Win

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