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Copper Plummets Amid Risk-Off Market Sentiment
Copper prices experienced a significant downturn on Friday, falling more than 3 per cent as a risk-off sentiment prevailed across global markets. According to ANZ, the selloff in AI-focused stocks sparked widespread profit-taking within the base metals complex, effectively reversing gains that had been achieved earlier in the week. ANZ is a major Australian bank providing a range of banking and financial products and services to retail, commercial and institutional customers. The bank operates across Australia, New Zealand and the Asia Pacific region. Despite the recent pullback, ANZ analysts believe this is unlikely ... (full story)