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Copper Prices Steady Amid Trade Deal Anticipation
Copper prices have stabilised near record highs as markets eagerly await confirmation of a long-anticipated trade agreement between the United States and China, according to ANZ. The metal, often viewed as a key indicator of global economic health, has been supported by tightening supply conditions and a more optimistic demand forecast. Negotiators have reportedly achieved progress on significant issues, including tariffs, shipping fees, and export controls. However, ANZ noted that “details remain vague,” contributing to trader caution. Fresh disruptions on the supply side have intensified market pressures. Anglo ... (full story)
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