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Oil and Copper Surge as Geopolitical and Trade Risks Escalate
On July 9, 2025, markets respond sharply to rising geopolitical and trade tensions. WTI crude oil jumps above $67.00 as renewed attacks in the Red Sea revive supply disruption fears. Copper prices surge past $5.50 after former President Trump signals plans to impose a 50% tariff on imports if re-elected. The US Dollar Index (DXY) edges higher above 97.50 ahead of the FOMC Minutes, while China’s CPI comes in slightly above expectations at 0.1% YoY, offering mixed signals for Asia-Pacific assets. The Australian Dollar trades flat as markets digest China’s inflation data and weigh the global risk backdrop. Traders ... (full story)
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From @realDonaldTrump|Jul 9, 2025|28 comments
ANYBODY BUT “TOO LATE.”
From cnbc.com|Jul 9, 2025The cost of copper for U.S. buyers has rocketed after President Donald Trump said he would impose a 50% tariff on imports of the metal. It means that already elevated prices are ...
From think.ing.com|Jul 9, 2025US copper futures hit a record high yesterday – surging as much as 17% – after President Donald Trump announced he plans to implement a 50% tariff on copper imports. The magnitude ...
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- Jul 9, 2025 7:56am Posted byTechnical Analysis253
