SunSirs: Oct 14

On Oct 13, the Antimony Commodity Index was 56.73, the same as that of yesterday. Compared with the peak of 102.32 (Oct 16, 2012) in the cycle, it dropped 44.56%. While it was 20.75% higher than the lowest level of 46.98 (Dec 24, 2015). (Cycle: Sep 08, 2012 to date)

The main financial data of the nonferrous metal market: On Oct11, the dollar index fell to 98.188, the lowest level since Sep 20, mainly because of the optimistic prospect of Sino-US trade negotiations and the bright prospect of Britain's exit from Europe. The dollar index closed at 98.335, decreasing nearly 0.4%. In October, the probability of the Federal Reserve cutting its interest rate by 25 basis points to 1.50%-1.75% is 75.4%, and the probability of maintaining the current interest rate is 24.6%. In December, the probability of reducing interest rate by 25 basis points to 1.50%-1.75% is 58.9%, the probability of reducing interest rate by 50 basis points is 24.5%. When it comes to the crude oil, the prices climbed to a two-week high, U.S. oil rose nearly 2% and Brent crude oil rose above 60USD. Affected by these, metals of LME rose and fell by half, ZSD increased over 2%, SND and PBD increased over 1%, CAD increased almost 0.4%, NID decreased almost 0.4%, AHD decreased almost 1.6%. The domestic metal market also rose and fell by half, PB and RB increased almost 0.7%, ZN and SS increased almost 0.5%, CU increased almost 0.4%, NI decreased slightly, SN decreased almost 0.1%, AL decreased almost 0.7%.

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