Trade Tensions and AI Demand Highlight Copper’s Strategic Role in Europe’s Future

FED'S MUSALEM: I COULD SUPPORT A PATH WITH ANOTHER CUT IF MORE RISKS TO JOBS EMERGE AND INFLATION CONTAINED FED'S MUSALEM: IMPORTANT FOR FED TO BE CAUTIOUS RIGHT NOW FED'S MUSALEM SAYS SEES LIMITED SPACE BEFORE RATE CUTS WOULD MAKE POLICY ACCOMODATIVE FED'S MUSALEM: BROADLY SPEAKING, JOB MARKET IS AROUND FULL EMPLOYMENT RIGHT NOW JOB GAINS HAVE BEEN AFFECTED BY IMMIGRATION CHANGES SEES 30K-80K JOB MARKET BREAKEVEN RATE WE COULD SEE NEGATIVE PAYROLL PRINTS BUT UNEMPLOYMENT MAY NOT MOVE IS NOT SEEING AN INCREASE IN LAYOFFS… FED'S MUSALEM SAYS WE ARE IN A PARTICULARLY UNCERTAIN MOMENT || IT'S PREMATURE WHAT TO SAY COMES WITH FOMC MEETINGS AFTER OCTOBER || TARIFF IMPACTS STILL FLOWING INTO ECONOMY || TARIFFS WILL WORK THROUGH ECONOMY INTO MIDDLE OF NEXT YEAR ST LOUIS FED'S MUSALEM Q&A/IIF: THE LONGER MISS 2% INFLATION TARGET 'THE MORE IMPORTANT WE GET THERE;' EXPECT MORE PROGRESS NEXT YR #Musalem #FederalReserve #economy

PBoC’s Pan: Chinese Economy Remains On Track; Positive Signs - Prices Remain Stable, Core CPI Picking Up PBOC’S PAN: CHINA’S FINANCIAL SYSTEM ‘BROADLY SOUND’ ...