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With the benchmark interest rate of RMB deposits and loans raised, will commodity prices rise or fall?
I wonder what kind of commodity prices you are concerned about? Are you engaged in commodity futures? Comments on each futures product are different. Generally speaking, after RMB interest rate hike, it will continue to promote RMB appreciation, and commodities denominated in RMB may fall. In addition, you need to pay attention to the Federal Reserve's monetary policy decision early tonight. If the monetary policy decision implies that the dollar will tighten the quantitative monetary policy and promote the appreciation of the dollar, then the commodities in the international market will fall.