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USA's "Copper Grab War": Has it suddenly turned into a "sprint race"?
① The style of the "Copper War" in the USA suddenly evolved into a "sprint race" this week... ② What troubles many traders is that if those cargo ships loaded with Copper arrive at the USA ports "slowly" after the implementation of Trump's tariffs, those who "calculated well" might face huge losses instead...
How Can Investors Capitalize on Rising Copper Prices Amid Tariff Storm?
Trump May Reportedly Impose Copper Tariffs Ahead of Schedule, Futures Hit Record High
Express News | Copper Producers' Shares Surge in Overnight Trading Freeport-McMoRan and Southern Copper Rise 4% as Trump May Enforce Tariffs on Copper Imports in the Coming Weeks
Express News | The US Might Impose Tariffs on Copper Imports Within the Next Few Weeks, Which Would Be Several Months Ahead of the Scheduled Decision Deadline (Bloomberg)
Consumer confidence reignites economic concerns, the US stock market's rising trend fades, US bonds rebound, the China concept Index falls for six consecutive days, and Copper reaches a historical high.
The three major U.S. stock indices briefly turned down, but the S&P and Nasdaq ended with slight gains. Among the Magnificent 7, only NVIDIA fell, while Tesla rose over 3%; after the Earnings Reports, nuclear energy stock Oklo dropped over 6%; Trump's media company rose nearly 9%. Following consumer confidence, U.S. Treasury yields refreshed their daily lows. The USD ended a four-day winning streak. Crude Oil Product turned down during trading; Gold reversed two consecutive losses; London Copper closed above 0.01 million dollars, hitting a nearly ten-month high.
