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Copper market outlook in 2025: Uncertainty and opportunities coexist

Issued at 2024-12-23



The Federal Reserve recently cut interest rates by 25 basis points, but Fed Chair Powell's cautious stance towards future cuts sparked market turbulence. Consequently, the US dollar surged, pressuring metal markets as dollar-denominated commodities became more expensive.

Additionally, strong US economic data reinforced expectations of a cautious Fed approach, leading to stock market volatility.

Furthermore, President Trump's economic proposals added uncertainty to the outlook. Meanwhile, the Bank of England maintained its interest rate, further pressuring non-ferrous metals.

Looking ahead, the copper market faces significant supply-demand challenges in 2025, with supply uncertainties and renewable energy investments impacting prices. Macroeconomic policies will also play a role.

Source: yieh.com



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