If the Federal Reserve cuts interest rates by 50 BP in September, it could trigger a sell-off in risky assets

Gold Ten Futures September 10 news, CITIC Jiantou futures analyst Zhang Weixin said that if the Federal Reserve chooses to cut interest rates by 25BP in September, it is more considered to be a preventive interest rate cut, which is good for copper prices. If the Federal Reserve cuts interest rates by 50BP in September, it may trigger a wave of selling of risk assets. If the Federal Reserve does not cut interest rates in September, on the one hand, the expected fall will bring selling pressure, and on the other hand, the increase in uncertainty caused by high interest rates to the economy is a certainty for copper prices. Copper prices will show a weak and volatile trend in the future. " Our views on copper prices are cautious, mainly due to pessimistic expectations for the global economy. In the two areas where copper demand is growing the fastest, the growth rate of new energy vehicles and power investment is facing a slowdown, while copper supply has encountered many disturbances this year. If there is an improvement next year, the supply and demand relationship will further weaken. "