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Copper slips to two-week low on stronger US dollar, worries about inflation
Copper prices fell to their two-week low on Tuesday due to a stronger dollar, concerns about global economic growth and fears over inflation fuelled by lingering uncertainty over the Middle East conflict. Benchmark three-month copper on the London Metal Exchange was 0.9% lower at $13,089.50 a metric ton by 0936 GMT after hitting $13,065, for its lowest since April 14. With the warring sides of two-month-long Middle East conflict seemingly far apart, oil and other supplies through the critical Strait of Hormuz heavily restricted, the price action in base metals is turning more selective, analysts at Sucden Financial ... (full story)
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From @realDonaldTrump|Apr 28, 2026|203 comments
Iran has just informed us that they are in a “State of Collapse.” They want us to “Open the Hormuz Strait,” as soon as possible, as they try to figure out their leadership situation (Which I believe they will be able to do!). Thank you for your attention to this matter! President DONALD J. TRUMP
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From channelnewsasia.com|Apr 28, 2026|2 commentsThe United Arab Emirates said on Tuesday (Apr 28) it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when ...
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From richmondfed.org|Apr 28, 2026Fifth District manufacturing activity changed little in April, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index ...
From prnewswire.com|Apr 28, 2026|2 commentsThe Conference Board Consumer Confidence Index® edged up by 0.6 points to 92.8 (1985=100) in April, from 92.2 in March's upwardly revised reading. The Present Situation ...
From marketpulse.com|Apr 28, 2026|2 commentsGold prices experienced a selloff in the Asian session as Oil prices continue to rise, stoking inflation concerns. Markets continue to be driven by the potential for a deal ...
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- Apr 28, 2026 8:44am Posted byFundamental Analysis126
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