海外研报

China’s Third Plenum provides little support to metals

Last week’s key Communist Party meeting failed to lay out morepolicies to prop up demand for metals and we expect copper and

Weekly spending update through July 27

Key takeaways• Total card spending per HH was up 0.1% y/y in the week ending Jul 27, according to BAC aggregated credit & debit card data.

TECHNICAL ANALYSIS

2y UST experienced a steep down move after break below multi-month ascending trend line and recently revisited May 2023 low of