The risk has not yet been released, and the short -term steel price still has a callback risk

Today, the overall decline of Steel City has been slightly declined, and futures and spot performances are weak. In general, the market transactions are weak. Before last Friday, speculative demand has changed, the start of the start is unfavorable, and the market mentality is average.
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The main factors of the decline in the steel market are still the conduction of overseas risk factors, and the tone of continuing to continue to negative in the black market has not changed. There are both financial levels and commodity levels. Crude oil prices have fallen sharply, and international industrial metal prices have also been hit hard. The Credit Suisse incident was still settled, and whether the risks could still be questioned by the market. In addition, the Fed’s interest rate hikes on the 23rd did not stop raising interest rates at the Silicon Valley bank’s closure incident, but the basis of interest rate hikes temporarily slowed down. The influence of overseas and empty markets is still great, and it has not passed. In order to prevent the Credit Crisis from threatening the global financial market, before the Swiss Government’s matchmaking and rushing to the Asian market on Monday, the government provided liquidity assistance and proposed the loss of the bottom part, UBS announced that 3 billion Swiss francs acquired Credit. As a result, a sale of global risk assets further panic.
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Today, international crude oil has fallen smoothly, and its decline is huge. Even market rumors will be settled in all oils that Saudi Arabia will sell for all oil sold to Asia. However, the news was unreliable. Saudi Arabia has not promised to use RMB settlement in oil exports, and the “US dollar” in the Middle East will not be abandoned. The market needs to care about the impact and impact of crude oil decline. At present, crude oil has entered the bottom, and the impact of sharpness has gradually digested, and the risk of commodities is gradually decreasing.
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From the current market, the spot market has a weak start on Monday and the market mentality is weak. However, black is still strong among many products, and the willingness of steel factories and steel trade is still relatively strong. It is only affected by international risk spillover. The rhythm is chaotic, and the bulls take the opportunity to accelerate the shipment. If the market continues to press down, it will not be ruled out that there is still a rhythm that can still be accelerated. The impact of the Fed’s interest rate hike still needs to be observed on Wednesday, and the impact on the air will also affect black about a week.