A rush into haven assets and tightening global supplies are driving one of the strongest metals rallies in years.
Another major bank, JP Morgan, largely mirrors Citi's constructive stance. The bank's research arm projects a refined copper ...
(Bloomberg) -- Copper retreated from the previous session’s record high after the Federal Reserve tempered rate-cut expectations, helping to boost the US dollar. Fed Chair Jerome Powell warned that ...
Copper prices climbed to a fresh record, driven by persistent concerns over tightening global supply and large volumes of the metal being shipped into the U.S. due to fears of potential tariffs.
Copper price continues to move in tandem with the current supply/demand dynamics. While supply tightness has offered it ...
Defying market optimism, Goldman Sachs Group sought to curb enthusiasm over copper’s record-breaking rally, saying the ...
Last week saw the price of copper drop slightly, pressured by increasing expectations of a reduction in interest rates by the Federal Reserve and a firmer dollar. On the London Metal Exchange, ...
Copper traded just below its highest close since May 2024 as traders prepared for the US Federal Reserve to cut interest rates for the first time since Donald Trump returned to the White House. Base ...
Copper prices are likely to stay well supported next year, driven by tightening supply conditions and signs that U.S. import ...
Most of the recent copper price increase is based on expectation of future market tightness, rather than current fundamentals ...
JP Morgan expects the global deficit in refined copper to grow to 160,000 metric tons in 2026 and continues to forecast copper prices averaging around $11,000 per metric ton next year, the bank said ...