-
US copper bounces after Trump sets a tariff date, but below peak
U.S. copper prices rebounded on Thursday after U.S. President Donald Trump said a 50% tariff would start on August 1, but held below their record peak due to a glut of metal already in the country and uncertainty over details. Trump signalled on Tuesday that he was imposing fresh tariffs on copper. He confirmed that and announced the date on Wednesday. The most active COMEX copper futures contract was up 2.1% to $5.60 a lb at 0945 GMT, down from a record high of $5.90 touched on Tuesday. “I think the spike high will probably be left on its own for a little while,” said Ole Hansen, head of commodity strategy at ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From cmegroup.com|Jul 10, 2025CME Group, the world's leading derivatives marketplace, today announced that its quarterly international average daily volume (ADV) reached a record 9.2 million contracts in Q2 ...
From dol.gov|Jul 10, 2025|68 commentsIn the week ending July 5, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 5,000 from the previous week's revised level. The previous week's ...
From vice.com|Jul 10, 2025Just off the coast of Madagascar, buried beneath centuries of coral and sand, researchers may have finally found the remains of one of the most legendary pirate heists of the 18th ...
-
- Newer Stories
From @financialjuice|Jul 10, 2025|1 commentFed's Musalem: The economy is in a good place at or near full employment. Fed's Musalem: There is some upside risk to inflation. Fed's Musalem: Monetary policy is modestly restrictive. Fed's Musalem: There Have Been Some Positive Trends On Inflation In Recent Months, But The Outlook Is For It To Increase Going Forward Due To Tariffs Fed's Musalem: It's too soon to tell if tariffs will have a one-off or a more persistent impact on inflation.
From silverinstitute.org|Jul 10, 2025Heightened geopolitical and economic uncertainties, along with positive price expectations, spurred silver investment in the first half of 2025. This action primarily drove the ...
From @realDonaldTrump|Jul 10, 2025|70 comments
Tech Stocks, Industrial Stocks, & NASDAQ, HIT ALL-TIME, RECORD HIGHS! CRYPTO, “Through the Roof.” NVIDIA IS UP 47% SINCE TRUMP TARIFFS. USA is taking in Hundreds of Billions of Dollars in Tariffs. COUNTRY IS NOW “BACK.” A GREAT CREDIT! FED SHOULD RAPIDLY LOW... “Too Late” DEMEANS THE GREAT CREDIT OF THE USA. We are now, again, the Number One Credit in the World! “Gigantic Comeback.” The Fed Rate should be reflective of this. We should be at the top of the list!!! LOWER THE RATE!!!
- Story Stats
- Jul 10, 2025 8:43am Posted byFundamental Analysis275
