The price of buyer goes down after the expectations of US interest reduction have been reinforced

The price of buyer has stabilized while traders analyze the poor US recruitment data that could persuade the Federal Reserve to reduce interest rates more than expected this year. The future contracts on the London Metal Stock Exchange ended last week without little change. US work data showed on Friday that employment was in a slower rate than expected, which some traders urged to bet on a faster cash facilitation than the US central bank. The demand for buyer with a view to investment usually supports low US interest rates for investment on assets such as buyer, which do not yield. The metal received support from the expectations of the Federal Reserve policy, although it has been distributed in a relatively narrow series over the past three months. Later this week, investors will turn their attention to inflation data in the United States, which is expected to show high prices. Similar indicators from China will also be issued, the largest consumer of minerals in the world. The price of copper rose 0.1% to $ 9908.50 per ton at the London Metal Stock Exchange at 10:14 p.m. Singapore. He reached his highest level in five months last week. Aluminum price rose 0.2%, while Sink added 0.4%. Meanwhile, the price of iron ore has settled nearly $ 104.70 per tonne, while the future price contracts in the Yuan have dropped on the Dalian stock exchange. Future steel contracts have also decreased in Shanghai.