伦敦金属交易所封杀非美元交易，打压人民币，还是自断生路？

Core Viewpoint - The London Metal Exchange (LME) has decided to stop all non-USD settled futures trading, effectively sidelining currencies like the RMB and Euro, which reflects a deeper political maneuver to maintain USD dominance in global markets [3][5][9]. Group 1: Impact on Currencies - The LME's decision primarily affects non-USD currencies, particularly the RMB and Euro, reinforcing the USD's position in international trade [5][9]. - This move is seen as a defense of USD hegemony amid a global trend towards "de-dollarization," with China pushing for greater international pricing power for the RMB [7][13]. Group 2: Market Dynamics - By excluding non-USD transactions, the LME risks driving trading volume away to other markets, such as the Shanghai Futures Exchange, which allows RMB pricing [11][19]. - The LME's actions may inadvertently accelerate the RMB's push towards financial autonomy and increase its presence in global commodity pricing [13][21]. Group 3: Future Outlook - In the short term, the RMB may face challenges in international metal trading, but this could stimulate a shift towards platforms that are more accommodating to RMB transactions [17][19]. - The LME's authority and relevance in the global market may decline as the trend of de-dollarization continues, potentially leading to a loss of market share to Asian exchanges [19][21].