Copper Rises as Dollar Dips: What Will Fed Minutes Reveal?

Copper Rises as Dollar Dips: What Will Fed Minutes Reveal?

Copper futures gained over 0.5% on Tuesday after rising more than 2% in the previous session. The rally was fueled by a weaker US dollar, driven by reports suggesting a potentially softer stance on tariffs by the Trump administration. However, President-elect Trump later denied these claims, tempering market enthusiasm.  A

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Will Copper Rebound From 1-Week Low Gain Momentum?

Will Copper Rebound From 1-Week Low Gain Momentum?

Copper futures rose over one percent on Tuesday, rebounded from the one week low touched on December 20th, aided by a slight pullback from the dollar while markets assessed the outlook for Chinese industrial demand. Softer US PCE inflation in November aided hopes that the Fed may deliver more rate

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Copper Prices Drop to Two-Week Low: What’s Next?

What’s Driving Copper Prices to a Two-Week Low?

Copper prices dropped to two-week lows on Tuesday as worries about demand in top consumer China, partly fuelled by uncertainty about U.S. tariffs on imports, and a stronger dollar weighed on sentiment. Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 0.9% at $8,978 a metric ton, having

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Copper Prices Drop After China Data – What’s the Outlook?

Copper Prices Drop After China Data – What’s the Outlook?

Copper prices eased on Tuesday under pressure from a slowdown in China’s export growth and a stronger dollar while the market awaits more clues on China’s 2025 key targets. Three-month copper CMCU3 on the London Metal Exchange (LME) was down 0.1% at $9,218 a metric ton. The contract closed at

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Copper Slips as Trump Details China Tariffs: More Fall Ahead?

Copper Slips as Trump Details China Tariffs: More Fall Ahead?

Copper prices edged lower on Tuesday after U.S. President Donald Trump revealed details of proposed tariffs on China, a top metals consumer. While the tariffs were less severe than expected, they still weighed on market sentiment. Three-month copper on the London Metal Exchange (LME) CMCU3 was down 0.3% at $9,019

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Will copper prices swing with U.S. election volatility?

Will copper prices swing with U.S. election volatility?

Copper prices gained over half percent yesterday on a softer dollar as traders balanced their positions ahead of the outcome of the U.S. presidential election and on stimulus cues from top metals buyer China. Three-month copper on the London Metal Exchange (LME) CMCU3was up 0.3% to $9,724 per metric ton

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Focus : Copper Price Faces Struggle to Break Key Resistance

Focus : Copper Price Faces Struggle to Break Key Resistance

Copper price retreated from a one-week high on Monday, pressured by data showing the global refined copper market had a 54,000 metric ton surplus in August, compared to a 73,000 metric ton surplus in July, according to the International Copper Study Group (ICSG) in its latest monthly bulletin. For the

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Focus Copper Price Dip: Will Key Support Break or Hold Firm?

Focus Copper Price Dip: Will Key Support Break or Hold Firm?

Copper prices dropped over one and half percent on Monday, driven by uncertainty surrounding China’s stimulus plans, deflationary pressures in the world’s largest consumer, and a stronger dollar. Despite the downturn, higher Chinese imports of copper provided some support to the market. Benchmark copper on the London Metal Exchange (LME)

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Copper hits two-week low- Will it break key supports?

Copper hits two-week low- Will it break key supports?

Copper prices dropped over two percent on Tuesday to their lowest in two weeks, after top metal consumer China failed to convince investors on how its stimulus would get the economy back on track. Three-month copper on the London Metal Exchange CMCU3 fell earlier to $9,700 per metric ton, the

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Copper Hits Target: Bullish Momentum for More Gains Ahead

Copper Hits Target: Bullish Momentum for More Gains Ahead

Copper prices drifted higher on Wednesday, still basking in the glow of stimulus measures unleashed by top metals consumer China amid hopes that more support is on its way. Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.4% to $10,023 per metric ton in official open-outcry trading. LME

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