Citigroup forecasts copper prices will reach $15,000 per ton by year-end, representing 7% upside, driven by AI data center demand and energy transition needs, though strategist warns U.S. tariffs could temporarily push prices down to $12,000 per ton.
#YonhapInfomax #CopperPrices #Citigroup #ArtificialIntelligence #DataCenters #EnergyTransition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=120206Freeport-McMoRan shares surged 7.14% to $65.10 as copper prices hit a three-week high following eased U.S.-Iran tensions, with LME three-month copper futures rising 3.5% to $12,041 per ton amid reduced supply chain disruption concerns.
#YonhapInfomax #FreeportMcMoRan #CopperPrices #LME #USIranCeasefire #SupplyChainConcerns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114567
Freeport-McMoRan Surges 6.5% as Copper Prices Hit Three-Week High
Freeport-McMoRan shares surged 7.14% to $65.10 as copper prices hit a three-week high following eased U.S.-Iran tensions, with LME three-month copper futures rising 3.5% to $12,041 per ton amid reduced supply chain disruption concerns.
Freeport-McMoRan shares climbed 1.08% to $57.09 as copper prices rebounded 3% this week following U.S.-Iran negotiation news, recovering from a three-week 11% decline amid easing global uncertainty concerns
#YonhapInfomax #FreeportMcMoRan #CopperPrices #SharePrice #USIranNegotiations #GlobalUncertainties #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=112169
Freeport-McMoRan Shares Rise on Copper Price Rebound
Freeport-McMoRan shares climbed 1.08% to $57.09 as copper prices rebounded 3% this week following U.S.-Iran negotiation news, recovering from a three-week 11% decline amid easing global uncertainty concerns
Antofagasta profit rockets 52% as record copper prices offset weaker output
Earnings rise in line with analyst expectations as benchmark prices surge more than 40%
Goldman Sachs Says Global Commodities Volatility Rises Amid Nations’ Stockpiling Race
Goldman Sachs warns that global commodity market volatility is rising as governments and investors accelerate stockpiling of gold and industrial metals amid ongoing supply shocks.
China’s Shanghai Composite Index closed at its highest level in nearly a decade, driven by strong gains in materials and financial stocks, as copper prices hit record highs and investor sentiment remained upbeat ahead of the Lunar New Year.
#YonhapInfomax #ShanghaiComposite #MaterialsSector #FinancialStocks #CopperPrices #YuanExchangeRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98628
[China Stock Market Closing]Shanghai Composite Hits Decade High on Rally in Materials and Financial Stocks
China’s Shanghai Composite Index closed at its highest level in nearly a decade, driven by strong gains in materials and financial stocks, as copper prices hit record highs and investor sentiment remained upbeat ahead of the Lunar New Year.
Global markets saw major shifts as the Bank of Japan's money supply fell for the first time in 18 years, LME copper hit a record high above $13,000 on US tariff-driven demand, and key US and Japanese equities posted gains amid strong corporate and policy developments.
#YonhapInfomax #BankOfJapan #CopperPrices #BitcoinMining #Nvidia #GeneralMotors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98609
[Morning Major International Financial News]BOJ's Money Supply Sees First Decline in 18 Years; LME Copper Hits Record High Above $13,000 on US Tariff-Driven Demand Surge
Global markets saw major shifts as the Bank of Japan's money supply fell for the first time in 18 years, LME copper hit a record high above $13,000 on US tariff-driven demand, and key US and Japanese equities posted gains amid strong corporate and policy developments.
Silver spot prices hit a record high above $65, while US policy decisions and global market trends—including copper’s 33% surge and Japan’s trade surplus—dominated financial headlines.
#YonhapInfomax #SilverSpot #WTI #Waymo #Vanguard #CopperPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95963[Morning Major International Financial News]Silver Spot Price Surges Past $65 to Record High; US Tariff Ruling and Fed Chair Nomination Expected in January
Silver spot prices hit a record high above $65, while US policy decisions and global market trends—including copper’s 33% surge and Japan’s trade surplus—dominated financial headlines.
Citi Expects Copper Prices to Surge Further on US Stockpiling
Citi Group projects copper prices could surge to record highs, citing US stockpiling, tight global supply, and robust demand from energy transition and AI sectors.
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