-
Copper extends gains as Goldman sees 2025 price peak in August
Copper extended gains for a fifth day, after Goldman Sachs Group Inc. said it expected prices to rise to a 2025 peak of around US $10,050 a tonne in August, as supplies outside the US tighten. Traders of copper are experiencing a major squeeze on the London Metal Exchange (LME), after premiums for spot contracts spiked. The supply tightness is being driven by record shipments to the US, after proposals for tariffs fuelled a surge in prices there, draining other inventories. “The ex-US copper market has tightened, causing fears of a regional copper shortage, despite the global market currently being in surplus,” ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @PiQSuite|Jun 26, 2025GERMANY'S MERZ: EUROPEAN COMMISSION PRESIDENT VON DER LEYEN SUGGESTED EUROPEANS BUILD A N NEW TRADE ORGANISATION Merz: EU leaders urge European Commission president for rapid US trade agreement GERMANY'S MERZ: BETTER FOR EU TO DO QUICK AND SIMPLE TRADE DEAL WITH US THAN 'SLOW AND COMPLICATED'
From fxdailyreport.com|Jun 26, 2025The breakout above bullish flag seems only brought gold prices to reach its previous swing high. The price has turned lower since then and might extend the bearish movement. The ...
From @financialjuice|Jun 26, 2025|2 commentsUS-China trade deal signed two days ago: Lutnick US Commerce Secretary Lutnick to announce numerous agreements in next week or so US Commerce Secretary Lutnick: July 9 will be deadline for agreements on reciprocal tariffs US COMMERCE'S LUTNICK Q&A/BBG: EUROPE HAS DONE 'AN EXCELLENT JOB' OF NEGOTIATING; HAVE BECOME 'KIND OF' OPTIMISTIC ABOUT A TRADE DEAL #Lutnick #EU #USCommerce #trade #tariffs #economy
-
- Newer Stories
From @financialjuice|Jun 26, 2025Von der Leyen: EU Ready to Strike Trade Deal with the US Von der Leyen: EU Will Be Prepared if No Trade Deal With US
From @zerohedge|Jun 26, 2025|1 comment*MACRON: IF US OPTS FOR 10% TARIFF, EU TO RESPOND WITH OWN LEVY FRANCE'S MACRON: FRANCE SUPPORTS A QUICK, PRAGRAMTIC DEAL WITH THE US ON TARIFFS WE CAN'T ACCEPT AN UNBALANCED DEAL ON TARIFFS WITH US ALL TOOLS AT OUR DISPOSAL MUST BE USED ON US TARIFFS
From livewiremarkets.com|Jun 26, 2025|10 commentsPresident Trump’s “Make America Great Again” (MAGA) agenda has often included protectionist trade policies, tariff impositions, and efforts to boost US manufacturing ...
- Story Stats
- Jun 26, 2025 4:59pm Posted byFundamental Analysis603
- Linked events:
