When the copper-tunity comes knocking ...Middle East

Dr. Copper hasn't been in a good mood since May, when a speculative squeeze drove it to $5 followed by a sharp turn lower. It's currently flirting with $4 as the market frets about a global growth slowdown.Given the price action in bonds, JPY and oil, I think a further slowdown is a material risk. Some of that is priced in but I don't think we're there yet. Perhaps if the Fed and other central banks get aggressive on rate cuts, the market can start to feel better but the real linchpin for copper is China, which is 50% of demand.The opportunity in copper may not knock until China starts to stimulate. If not, 2025 could be a tough year, with prices stuck with a $3-handle. The upshot from that

Read More Details
Finally We wish PressBee provided you with enough information of ( When the copper-tunity comes knocking )

Also on site :

Morning Report — Texas braces for more flood danger after Hill Country tragedy
Bangladesh lawyers challenge ex-PM Hasina’s murder trial charges
Ukraine plagued by ‘palace politics’ and purges – Economist

When the copper-tunity comes knocking ...Middle East

El Salvador Admits U.S. Has Custody of Migrants Trump Sent to Prison There

The Best Tech Deals Under $50 During Amazon's Early Prime Day Sale

ITC Makes Affirmative Preliminary Determination in Trade Cases on Hardwood and Decorative Plywood from China, Indonesia, and Vietnam, Wiley Rein LLP Reports

The Body in Room 203 is the very worst of true crime

GMA hit with host shakeup as TWO anchors exit show just months after ‘nightmare’ layoffs

John Fogerty celebrates his Creedence Clearwater Revival songs at the Hollywood Bowl

Tariff TACO bingo: April 9, July 9, now August 1

UCSD study warns: Non-native honey bees threaten food supply for native pollinators

60-year-old Aurora man calls 911 to report fatally shooting his wife

Love Island USA's Austin Weighs In on the Great Debate About Ace's Height

‘7th Heaven’ Alum Recalls On-Set Arguments With Costar Jessica Biel

The politics of fewer babies

‘Alice In Borderland’ Season 3 Gets Netflix Premiere Date; Teaser Trailer

Parts of I-55, I-80 to be closed for several nights starting Monday

UN adopts resolution on Afghanistan’s Taliban rule over US objections