5月初,黄金价格并未受到美元指数继续回调的提振,反而因欧美国家债券市场的剧烈波动而受到打压;月中,虽然短暂受到部分美国经济数据不佳的刺激有所回升,但之后随着美元指数的反弹而继续回落。原油价格月初受到美元指数继续回调和美国原油库存连续减少的影响有所提振,但随着美元指数开始反弹,原油价格再度恢复承压态势。美元的态势好转及市场对美联储近期加息预期的重新升温,对有色金属价格走势产生了一定压力;但另一方面,近期中国政府密集出台的刺激措施,则对有色金属产生一定利好,其未来走势仍具有不确定性。 In early May, the gold price was not boosted by the continuous correction of the U.S. dollar index. Instead, it was suppressed by the drastic fluctuations of the U.S. and European bond markets. In the middle of the month, although the stimulus for some U.S. economic data briefly rose somewhat, With the rebound of the dollar index and continue to fall. Crude oil prices were boosted by the continuous correction of the US dollar index and the continuous decrease of U.S. crude oil inventories at the beginning of the month. However, as the US dollar index started to rebound, the price of crude oil resumed its downward pressure. The improving US dollar and the market re-warming of the Fed’s recent interest rate hike have put some pressure on the price trend of non-ferrous metals. On the other hand, the recent stimulus measures introduced by the Chinese government have produced some positive benefits for non-ferrous metals and their future The trend is still uncertain.