政策预期向好 沪铜重回强势状态【10月24日SHFE市场收盘评论】

Core Viewpoint - Copper prices in Shanghai opened higher in the morning and significantly increased in the afternoon, closing up by 2.5%, with the highest price reaching 87,860 yuan, indicating a return to a high range [1] Group 1: Market Conditions - The improvement in global risk appetite and positive domestic policy expectations have led to increased market confidence, contributing to the strong performance of copper prices [1] - The recent easing of the China-U.S. trade situation has further boosted market sentiment, resulting in a strong performance in the domestic stock market and supporting copper prices [1] Group 2: Economic Policies - The announcement of the "14th Five-Year Plan" has significantly uplifted market sentiment, leading to a broad increase in commodity prices, including copper [1] - The Federal Reserve has initiated interest rate cuts, with market expectations indicating two more cuts within the year, contributing to a macroeconomic environment of fiscal and monetary easing in the U.S. [1]