Does the US interest rate hike have an impact on glass futures?
The interest rate hike in the United States has an impact on glass futures. US interest rate hike will cause glass futures to fall. Raising interest rates in the United States is a measure to tighten the borrowing currency, and glass futures take the lead in practicing monetary capital. Without the support of money, glass futures will definitely fall. Therefore, the US interest rate hike has an impact on glass futures. Glass futures refer to futures contracts with the glass price as the subject matter at a certain time in the future.