Today is Wednesday, March 6th, March 5th, **breaking through a new all-time high, and the most ** spot ** rushed to 2126$63 an ounce (as of 6:20 p.m. Beijing time), breaking through the 2,120 mark at the end of last yearA high of 04 pips. The domestic ** also continued to rise, reaching a maximum of 498 today24 yuan gram, a new high since its listing 16 years ago.
Market Overview].International oil prices
Affected by weak demand, WTI** finally closed down 076% at 78$26 barrel; Brent** closed down 004% to 82$72 barrel.
U.S. **04 contract, yesterday's **trend was basically in line with expectations, we were long near 78 in the morning, breaking ***80 US dollars, **to our final profit of 794 around, but we 794 near the short order, a large profit of more than 1500 US dollars, the daily line to see ** closed out of the yin line for two consecutive days, the 80 position did not form an effective break, the hourly line has a head and shoulders top pattern, today focus on the neckline 77Breaking situation near 7, the pressure above is near 79, and the pressure below is 775-77.Support near 7, it is expected that the bearish trend will continue after today.
International MetalsThe most actively traded April futures price on the New York Mercantile Exchange *** market is **15$6 and closed at $2,141 an ounce$9, an increase of 073%。LME copper closed down $51, or nearly 060% at $8,492 tons. LME aluminum closed down $6 at $2,228 tonnes. LME zinc closed up $6 at $2,455 a tonne. LME lead closed down $6 at $2,046 a tonne. LME nickel closed down $186, down more than 103% at $17,759 tons. LME tin futures closed down $9 at $26,824 tonnes. U.S. **04 contract, yesterday** still out of a small ** after the strong **, our ** short single stop loss out, but on the break 2031 long single, we made a large profit of more than 1800 US dollars, the daily line, yesterday ** closed out of the long upper lead, the hour line out of the 5 waves ** extended wave, the short-term is still facing the possibility of **, the following focus on the support near 2018, above the 2044 short-term pressure, it is expected that today**will be a high range** trend, the upper space is limited, cautious to chase long. 
Domestic**
On March 5, domestic commodities were mixed. Lithium carbonate fell by more than 7%, PX and PTA fell by more than 2%, staple fiber, plastics, etc. fell by more than 1%, and NR and cotton yarn fell slightly**; Soda ash rose by more than 4%, Shanghai silver rose by more than 2%, Shanghai gold rose by more than 1%, eggs, glass, etc.
International agricultural products
At the end of Tuesday (March 5) in New York, the Bloomberg Grain Sub-Index fell 111% to 353444 points. CBOT Corn** fell 099% to 425-3 4 USD bushel. CBOT Wheat** fell 217% to 555-3 4 USD bushel. CBOT soybeans** fell 058% to 1148 3 4 US dollars bushels, soybean meal ** fell 105%, soybean oil ** fell 028%。ICE raw sugar** rose 126% to 2086¢ lb; ICE white sugar** rose 017% at 59400 USD ton. ICE Arabica Coffee** fell 081%, Robusta Coffee** fell 044% at $3175 tonnes. Cocoa ** fell 240% at $6,428 tonnes, which rose to $6,677 on March 4. ICE cotton ** fell 024%。
U.S. refers to U.S. bondsOn Tuesday, the U.S. dollar index approached the 104 integer mark in the Asian and European markets, and then due to the U.S. PMI data in February fell short of expectations, the U.S. dollar index staged a "high diving" and finally closed down 0052% to 10378。U.S. Treasury yields opened higher and lower, with the benchmark 10-year Treasury yield closing at 4152%, and the yield on the 2-year Treasury note, which is most sensitive to the Fed's policy rate, closed at 4562%。
Other** overview
International news] 1. The final value of the S&P Global Services PMI in the United States in February was 523. Investigations show that there are signs of rising pressure.
2. U.S. nonpartisan Senator Sinema is not seeking re-election to end the fierce tripartite confrontation in Arizona.
3. Bank of Japan Governor Kazuo Ueda: When considering the issuance of a central bank digital currency, the design of a framework to ensure privacy protection is crucial. Whether or not to issue a retail central bank digital currency in Japan should be decided by public discussion. To facilitate such discussions, the Bank of Japan has been conducting technical experiments.
4. Japan's Minister of Economic Regeneration, Yoshitaka Shinto, was asked if he could declare deflation at the end of the period, saying that he would not consider announcing anything now, and would consider various indicators to make decisions. Efforts will be made to ensure that wage growth outpaces inflation to prevent a return to deflation.
5. The monthly rate of PPI in the euro area recorded -0 in January9%, the largest decline since May 2023.
6. Israeli Defense Minister: The aggressive behavior of Allah in Lebanon brings us closer and closer to a critical moment in our decision-making on military activities in Lebanon.
7. Ukraine ruled out the possibility of continuing to deliver Russian gas to Europe.
8. Saudi Arabia will sell Arabian light ** to Asia in April at a premium of 17 dollars.
9. Bitcoin once broke through the $69,000 mark, hitting a record high, and then fell nearly $10,000 at one point. The analysis suggests that FOMO sentiment (fear of missing out on opportunities) may be fueling the situation.
10. Venezuela will hold ** elections on July 28.
The BRICS summit will be held in Kazan, Russia, from October 22 to 24, and will be the first summit after the expansion of the BRICS.
12. Tesla's German factory stopped production due to power failures, and the head of Tesla's Berlin factory said that it should not be able to resume production this week.
Milestones & Figures].
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