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Copper Plunges As Risk Aversion Sweeps Markets
Copper futures continue to push lower through the end of the week. The market is now down around 4% from the week’s higCopper futures continue to push lower through the end of the week. The market is now down around 4% from the week’s highs, lower today midst the broad weakening in risk appetite we’ve seen on the back of the Israeli strike on Iran overnight. Israel took out key nuclear facilities, leading military figures, and top nuclear scientists in the air strikes last night. The move has sparked fears of a fresh, all-out war in the Middle East as Israel braces for Iranian counteraction. The strikes come at ... (full story)