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Copper Rallying on Tuesday
A weaker US Dollar has set the tone for trading over the first full week of 2025. Risk assets are enjoying a recovery rallying amidst the current USD pullback and with plenty of key US data to come this week, there is room for the rally to gain further ground if USD continues to weaken. Copper prices have been a standout winner so far this week with copper futures rallying around 5% off last week’s lows. Alongside weakness in USD, some bullish market commentary is also helping lift copper prices here. Looking ahead this year, Deutsche Bank noted this week that it expects the copper market to end the year in a ... (full story)
