Hottest Changjiang futures natural rubber midday r

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Changjiang Futures: natural rubber midday comment 0131

crude oil futures continued to close higher as the Federal Reserve is expected to cut interest rates again. Today, Shanghai Jiaotong rose rapidly in early trading, but then it oscillated and fell. At the close, the settlement price of the main contract fell by 80 points. At present, the overall transaction in the spot market is not active, and the trend is more affected by the sharp dynamic average value of the external financial market, which still has great market potential. The Federal Reserve cut the benchmark interest rate by 50 basis points, which is intended to actively prevent the economy from releasing sharply and building a nest to slow down But it can also survive. This interest rate cut is only eight days from the last emergency interest rate cut of 75 basis points. The boosting effect of the interest rate cut on the U.S. economy remains to be seen, and the recent trend of rubber will continue to oscillate. It is suggested to buy on a short-term basis or wait and see

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