Copper Futures Make Biggest Daily Rise to Record High, as Trump Threatens 50% Tariff; Trump Says 7 More Tariff Letters to be Sent Today; RBNZ…
Copper price rises sharply as Trump said that he would impose a 50% tariff on metal imports. President Trump signaled his commitment to boosting domestic…
LME Copper has regained strong upward momentum after clearing the 50-day moving average, setting the stage for a potential move toward multi-month highs, Société Générale’s…
According to the International Copper Study Group, the Copper market slipped from a supply surplus to a supply deficit of 50 thousand tons in April,…
Copper must make its way into the LME to prevent legitimate fears of a stock-out, TDS’ Senior Commodity Strategist Daniel Ghali notes. Market expectations and…
The copper market has been somewhat choppy during the trading session on Wednesday as we approach a massive resistance barrier. I know a lot of…
LME Copper convenience yields are now reflecting critically low inventories, TDS’ Senior Commodity Strategist Daniel Ghali notes. Copper’s tension builds “Metal has flowed out of…
Copper edged lower after China’s new-home prices fell the most in seven months, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Chinese monthly primary…
China’s export growth slowed more sharply than most analysts had expected in May. Apparently, the 90-day moratorium on most tariffs has not been as effective…
During the trading session on Monday, we saw the copper market rally 1.11% at the close, as traders continue to bet on the idea that…