1/ Gulf turmoil will bring high oil prices and affect the performance of the US dollar. The turmoil in the Gulf is inextricably linked with the US dollar at the economic level, because its changes will have a far-reaching impact on the economy, and the copper market will inevitably be affected by it.

2/ Oil prices affect the world economy, and the impact of Gulf turmoil on the world economy is mainly reflected by the fluctuation of oil prices;

3/ The world economy interacts with foreign exchange balance, and foreign exchange will affect import and export, thus affecting the current period;

Copper is an import-oriented commodity. Exchange rate changes/oil market turmoil will affect the copper period at least in the short term, and at least panic factors will also trigger selling.

5. If the turmoil is great, it will impact the spot market, and then the stock market and the spot market are the basis of the futures market, which will react on the spot market; The stock market is also related to the spot market and futures market, and the resource industries such as nonferrous metals, oil, electricity and energy may react more strongly;